Interest Rate Determination

Unum Universal Life Policies COI Rate Increases Class Action

This class action concerns the monthly cost of insurance (COI) for group universal life or individual universal life insurance policies that are issued by Unum Life Insurance Company of America and administered by it or its agents. The complaint alleges that the cost of insurance charges for these policies is supposed to be based on  Read more

AmGen Criteria for Determining Policy Interest Rates California Class Action

At issue in this case are the interest rates paid on California universal life insurance policies from American General Life Insurance Company (AmGen). The complaint alleges that the insurance earned by these accounts are too low and that the rates are not based, as the policies promise, solely on the company’s expectations of future investment  Read more