Trustee Accuses Reinsurer, Life Insurer Of Improper Increase Of Costs On Policies

Mealey's (October 30, 2019, 12:05 PM EDT) -- NEW YORK — A trustee of a family irrevocable trust sued a life insurer and reinsurer on Oct. 22 in New York federal court over the cost of insurance rate increases imposed on life insurance policies to “reap substantially more profit” for the companies (C. Anthony Gonzalez v. The Lincoln Life & Annuity Company of New York, et al., No. 19-09750, S.D. N.Y.)....

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