(January 10, 2022, 2:04 PM EST) -- NEW YORK — A life insurance policyholder who challenged a 2016 cost of insurance (COI) increase on Jan. 6 moved in a federal court in New York for preliminary approval of a class action settlement; the proposal includes a $92.5 million payment by administrator and reinsurer Lincoln National Corp., a five-year COI freeze and a waiver of policy validity defenses....