Judge Refuses To Dismiss Bad Faith, Contract Claims In Suit Against Life Insurer

Mealey's (July 12, 2018, 1:56 PM EDT) -- CEDAR RAPIDS, Iowa — In a purported class action alleging that a life insurer improperly transferred reserve funds through reinsurance transactions, an Iowa federal judge on July 11 declined to dismiss breach of contract and bad faith claims (Suzanne Fairlie, et al. v. Transamerica Life Insurance Co., et al., No. 18-32, N.D. Iowa, 2018 U.S. Dist. LEXIS 115257)....