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Life Insurance Class Action Settles for $59.75 Million

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 pay $59.75 million (less fees and expenses) in cash compensation [...]

Life Insurance Class Action Settles for $59.75 Million2018-08-24T15:57:00+00:00

Class Action Blog Covers State Farm Jury Verdict

Top Class Actions, a blog dedicated to consumer class action lawsuits, featured the $34.3 million 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.

Class Action Blog Covers State Farm Jury Verdict2018-08-24T16:06:28+00:00

Jury Awards $34.3 Million to State Farm Life Insurance Policyholders

After two hours of deliberations, a federal jury in Missouri awarded $34.3 million 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 includes [...]

Jury Awards $34.3 Million to State Farm Life Insurance Policyholders2018-08-24T16:09:28+00:00

Law360: State Farm Hit With $34.3M Jury Verdict Over Policy Fees

National legal news site Law360 has published a recap of Vogt v. State Farm Life Insurance Company, which culminated in a $34.3 million jury verdict for 24,00 current and former owners of universal life insurance policies issued in Missouri. The full article is here.

Law360: State Farm Hit With $34.3M Jury Verdict Over Policy Fees2018-08-24T16:07:34+00:00

Life Insurance Litigation Profiled in Super Lawyers Magazine

The Missouri/Kansas edition of Super Lawyers Magazine discussed Bezich v. The Lincoln National Life Insurance Company in a profile of attorney Patrick Stueve, a “Super Lawyer” honoree. In the article, Stueve shared one personal reason he pursues this type of work: “My father has been in the life insurance industry for 50 years,” he said. [...]

Life Insurance Litigation Profiled in Super Lawyers Magazine2018-08-24T16:19:19+00:00

Insurance Industry Expert Weighs in on Lincoln National Settlement

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 $2.25 billion settlement. Writing for his personal blog, Dr. Belth discussed each portion of the case, from initial lawsuit to appeal to settlement. He referenced [...]

Insurance Industry Expert Weighs in on Lincoln National Settlement2018-08-24T16:20:26+00:00

Court Grants Final Approval of $2.25 Billion Life Insurance Settlement

Miller Schirger LLC and Stueve Siegel Hanson LLP announce that an Indiana court has granted final approval of a $2.25 billion 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 [...]

Court Grants Final Approval of $2.25 Billion Life Insurance Settlement2018-09-20T15:39:01+00:00