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Expert Analysis

Courts Remain Divided Over Cost Of Insurance Rates

Law360, New York ( May 12, 2014, 4:13 PM EDT) -- Litigation continues in various cases challenging cost of insurance rates in life insurance policies, and the past year has seen courts issue decisions going both ways on insurer discretion to set and modify COI rates. The cases have turned in part on the meaning of the words "based on" in the terms of universal life insurance policies....

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