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Old Settlement Dooms Life Insurance Class Action

By Emily Enfinger ( November 14, 2022, 3:04 PM EST) -- A California federal judge dismissed a man's class action against Transamerica Life Insurance Co. over the company's plan to stop crediting his policy with "persistency bonuses" related to a 22-year-old settlement, finding that his current claims are barred by a release in the settlement....

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