Lincoln National To Pay $109M To Rate Increase Fund

By Ganesh Setty · October 6, 2023, 7:30 PM EDT

Owners of more than 50,000 Lincoln National Corp. life insurance policies will split a pool of $109 million to settle claims that Lincoln imposed burdensome cost-of-insurance charges to force policy lapses...

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Case Information

Case Title

BHARWANI et al v. LINCOLN NATIONAL CORP. et al

Case Number

2:16-cv-06605

Court

Pennsylvania Eastern

Nature of Suit

Contract: Insurance

Date Filed

December 23, 2016


Case Title

TUTOR v. LINCOLN NATIONAL CORP. et al

Case Number

2:17-cv-04150

Court

Pennsylvania Eastern

Nature of Suit

Contract: Insurance

Date Filed

September 18, 2017