Yearby v. American National Insurance Company
Case Number:
3:20-cv-09222
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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November 07, 2023
$5M Deal Resolving Life Insurance Fees Suit Gets Approved
A California federal judge approved a $5 million settlement resolving class claims against American National Insurance that asserted the company incorrectly adjusted a decade's worth of mortality risk charges for more than 3,000 policyholders.
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June 27, 2023
$5M Settlement Reached In Life Insurance Fees Class Action
The representative of a proposed class action against American National Insurance Co. reached a $5 million preliminary settlement agreement with the insurer, and thus asked a California federal judge to approve the deal so that more than 3,000 policyholders could begin receiving payouts for incorrectly adjusted mortality risk charges.