A class action lawsuit has been filed against Kansas City Life Insurance Company alleging that Kansas City Life systematically overcharged policy owners for the cost of insurance and expense charges draining the cash values from their permanent life insurance. The unauthorized charges are comprised of hidden expenses – or “loads” – buried within the contractual [...]
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Miller Schirger LLC and Stueve Siegel Hanson LLP have settled a nationwide class action lawsuit against John Hancock Life Insurance Company (U.S.A.) over alleged life insurance policy overcharges. The settlement was approved by the court on May 8, 2018 and provides that John Hancock will compensate approximately 103,000 policyholders who own or owned a Flex V-II [...]
Top Class Actions, a blog dedicated to consumer class action lawsuits, featured the jury verdict that Stueve Siegel Hanson LLP and Miller Schirger LLC obtained on behalf of Missouri life insurance policy holders. The Top Class Actions summary of the case is available here.
After two hours of deliberations, a federal jury in Missouri awarded a significant sum to State Farm policyholders in a class action trial. The class action was brought on behalf of approximately 24,000 current and former owners of universal life insurance policies issued in Missouri. Universal life insurance is a type of life insurance that [...]
National legal news site Law360 has published a recap of Vogt v. State Farm Life Insurance Company, which culminated in a jury verdict for 24,00 current and former owners of universal life insurance policies issued in Missouri. The full article is here.
The 2016 Missouri/Kansas edition of Super Lawyers Magazine discussed Bezich v. The Lincoln National Life Insurance Company in a profile of attorney Patrick Stueve. Stueve has been named to Thomson Reuters' Super Lawyers from 2005 to 2019. In the article, Stueve shared one personal reason he pursues this type of work: “My father has been in the life insurance [...]
Joseph Belth, Ph.D., the founder and former editor of The Insurance Forum, provided his analysis and insight on Bezich v. The Lincoln National Life Insurance Company, which culminated in a significant settlement. Writing for his personal blog, Dr. Belth discussed each portion of the case, from initial lawsuit to appeal to settlement. He referenced one [...]
Miller Schirger LLC and Stueve Siegel Hanson LLP announce that an Indiana court has granted final approval of a substantial settlement of a class action lawsuit against The Lincoln National Life Insurance Company over alleged life insurance policy overcharges. Lincoln National agreed to settle the case by, among other things, issuing term life insurance certificates [...]