Late Exclusion Bid Follows Final OK Of Life Insurance COI Increase Settlement

(October 16, 2023, 2:10 PM EDT) -- PHILADELPHIA — Following final approval of a class settlement of two similar cases over universal life insurance policy cost of insurance (COI) increases, two groups on Oct. 13 asked a Pennsylvania federal court to let them request that 52 policies be excluded from the settlement class even though the opt-out deadline has passed....