Wilco Life Insurance Improper Cost of Insurance Increase Complaint

June 2, 2020

Insurance companies are limited in their ability to raise rates on their existing policies. In this class action, the complaint alleges that Wilco Life Insurance Company improperly imposed a rate increase on Form CLIC-3002 policies. The complaint alleges, “Wilco breached the implied and express terms of the policies and misleadingly stated that the increases were permitted due to Wilco’s past costs.

Case Event File: Wilco Life Insurance Improper Cost of Insurance Increase Complaint

Related to: Wilco Life Insurance Improper Cost of Insurance Increase Class Action