Status: closed
Transamerica (Life Insurance)
Defendant: Transamerica
Consumers who owned TransUltra 115 98/99” policies and/or the “TransSurvivor 115 97/98/99” policies as of December 31, 2019 may be eligible for credit or cash payment. The company reached a settlement over allegations of increasing Monthly Deduction Rate against the policies terms.
Final Fairness Hearing is Aug. 31, 2020.