Judge: Insureds Sufficiently Allege Insurer Considered Higher Reinsurance Costs

Mealey's (September 13, 2017, 12:38 PM EDT) -- PHILADELPHIA — A class of owners of life insurance policies adequately alleged that a life insurer’s admitted consideration of lower investment income and higher reinsurance costs constituted breaches of the policies, a Pennsylvania federal judge ruled Sept. 11 (In re: Lincoln National Co. Litigation, No. 16-06605, E.D. Pa., 2017 U.S. Dist. LEXIS 146904)....