Lawsuits for Massive Life Insurance Industry Fraud

December 17, 2015

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At A Glance

This Alert Affects:
People who hold annuities or universal life insurance policies through certain insurers – specifically people who noticed their insurance premiums go up.
What's Going On?
Reports have surfaced that some life insurance companies are engaging in secretive transactions – often through shell and offshore companies – to manipulate the appearance of their financial health to the public. Attorneys are now looking into whether class action lawsuits can be filed on behalf of investors and policyholders who have fallen victim to practices state regulators have called "financial alchemy."
Which Companies Are Affected?
Attorneys are investigating John Hancock Life Insurance Company, Transamerica Life Insurance Company, The Prudential Insurance Company of America, Lincoln Benefit Life Company, Zurich American Insurance Company, ReliaStar Insurance Company, ING Life Insurance and Annuity Company, ING USA Annuity and Life Insurance Company and ING/Voya (sold through subsidiary Security Life of Denver Insurance Company).
What You Can Do:
If you own an annuity or universal life insurance policy through any of these companies, fill out the form on this page. One of the attorneys we work with may reach then out to you directly to explain how your insurance company may be manipulating its reserves – and thereby making your policy or annuity significantly less valuable than the company represented to you. In some cases, policyholders and investors may be able to file a class action lawsuit against their insurer.