December 2018

JUDICIAL DEVELOPMENTS

COI Litigation Update – John Hancock Proposed Class Action Settlement

As we have reported previously, John Hancock Life Insurance Company (U.S.A.) has agreed to settle class action complaints relating to its Cost of Insurance (COI) charges assessed under numerous life insurance policies. We have confirmed that one of the proposed settlements, 37 Besen Parkway, includes some BOLI/COLI policies.


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