Allianz Hit With Class Action Over Annuity Haircut, Penalties
By Daniel Langhorne ( September 16, 2015, 8:51 PM EDT) -- Allianz Life Insurance Co. of North America was slapped Tuesday with a putative class action in California state court by policyholders alleging the company's two-tiered annuity products have hidden costs and penalties that constitute a breach of contract....
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