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DCD Partners, LLC et al v. Transamerica Life Insurance Company et al
Case Number:
2:15-cv-03238
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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January 10, 2018
Transamerica Hit With $200K Sanction In Calif. Insurance Case
Transamerica Life Insurance Co. has been hit with roughly $200,000 in sanctions for obstructing the discovery process in California federal court in a suit brought by a predominantly African-American church congregation that accuses the insurer of jacking up its rates partly because of their race.
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September 14, 2017
Jury Awards $5.6M In Fight Over Increased Insurance Rates
A California federal jury found Wednesday that TransAmerica Life Insurance Co. breached the terms governing 2,400 life insurance policies for Los Angeles residents by changing key cost rates, and awarded $5.6 million in damages.