TuYo Holdings, LLC v. Transamerica Life Insurance Company
Case Number:
5:22-cv-00845
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November 29, 2023
Holding Co., Insurer Agree To End Life Policy Termination Row
TuYo Holdings LLC and Transamerica Life Insurance Co. agreed to end their dispute in Delaware federal court concerning the termination of a $1.5 million life insurance policy that TuYo purchased from Policy Services Inc., according to a joint dismissal bid.
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May 04, 2023
Insurer Failed To Pay $1.5M Death Benefit, Holding Co. Says
A holding company added a charge in its suit against Transamerica Life Insurance Co. over the denial of $1.5 million in life insurance benefits, stating that in addition to wrongfully terminating the policy, the insurer failed to promptly pay out the benefits after the insured person died.