Investor Adds Parties To Case Over Depletion Of Life Insurers’ Surplus Assets

(November 6, 2018, 10:18 AM EST) -- KANSAS CITY, Kan. — In a second amended complaint, an investor on Nov. 1 added additional parties to a Kansas federal court lawsuit alleging that defendants depleted life insurers’ surplus assets by reinsuring their risks with one another rather than using “arm’s-length reinsurance treaties” (Albert Ogles v. Security Benefit Life Insurance Co., et al., No. 18-02265, D. Kan.)....