Transamerica to pay $195m to settle universal life lawsuit

Published in: Risk management, Longevity - mortality, Conduct risk, Capital, Corporate strategy, US - Canada - Bermuda

Companies: Aegon, Transamerica, John Hancock Life Insurance, Moskowitz Law Firm, Bonnett, Fairbourn, Friedman & Balint PC,

Case alleges Aegon subsidiary improperly hiked the monthly charges for 70,000 clients

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