Judge Consolidates Breach Of Insurance Policies Cases, Appoints Sole Class Counsel

(June 3, 2019, 2:12 PM EDT) -- NEW YORK — A New York federal judge on May 29 consolidated two lawsuits alleging breach of policies by a life insurer’s unlawful increase of premium costs to recoup costs associated with an acquisition and appointed a law firm as the sole interim class counsel (Derek Fan v. PHL Variable Life Insurance Co., No. 18-01288; Advance Trust & Life Escrow Services, et al. v. PHL Variable Life Insurance Co., No. 18-3444, S.D. N.Y., 2019 U.S. Dist. LEXIS 89896)....