Navigation Links
Miller Schirger and Stueve Siegel Hanson Announce Major Class Action Settlement Approved over Alleged Life Insurance Policy Overcharges
Date:3/23/2016

Miller Schirger LLC and Stueve Siegel Hanson LLP, law firms based in Kansas City, Mo., announce that, after six and a half years of litigation, an Indiana court has granted final approval of a $2.25 billion settlement of a class action lawsuit against The Lincoln National Life Insurance Company over alleged life insurance policy overcharges. Lincoln National agreed to settle the case by, among other things, issuing term life insurance certificates to a settlement class consisting of approximately 77,000 policy owners across 30 states. The term life insurance certificates will have a total face amount of death benefits estimated at $2.25 billion, with a market value of approximately $171.8 million.

In June, 2009, Stueve Siegel Hanson and co-counsel Miller Schirger filed the class action lawsuit against Lincoln National. The firms brought the lawsuit on behalf of Peter S. Bezich and other individuals who owned variable universal life insurance policies administered by Lincoln National, and involved alleged “cost of insurance” overcharges and other policy overcharges. Lincoln National denies all liability or wrong doing with regard to the claims and allegations asserted in the case.

“After six and a half years of hard fought litigation, including appeals to the United States Court of Appeals for the Seventh Circuit and the Indiana state appellate courts, we are pleased that we secured substantial relief for our clients,” said Miller Schirger Partner John Schirger.

“We are continuing our efforts on behalf of life insurance policy holders who we believe are being overcharged for their life insurance by several other life insurance companies and hope to secure similar relief for these clients,” said Stueve Siegel Hanson Partner Patrick Stueve.

Miller Schirger LLC is a Kansas City, Missouri based law firm focused on resolving complex disputes on behalf of businesses and individuals nationwide. Its attorneys represent plaintiffs and defendants in state and federal trial and appellate courts, before administrative and regulatory tribunals, and in arbitration and other alternative dispute resolution proceedings nationwide. http://www.millerschirger.com

Stueve Siegel Hanson LLP is a Kansas City, Missouri based law firm representing business and individuals in high stakes litigation on a contingency fee model. The firm includes 40 lawyers in Kansas City, New York and San Diego and represents plaintiffs and defendants nationwide in complex business, class action, wage and hour, environmental, and product liability litigation and trials. http://www.stuevesiegel.com

The case is 02C01-0906-PL-73, Allen County, Indiana. There is a website set up by a third party administrator with all the court documents.

http://www.bezichsettlement.com/CaseInfo.aspx?pas=LBZ

Read the full story at http://www.prweb.com/releases/2016/03/prweb13285315.htm.


'/>"/>
Source: PRWeb
Copyright©2016 Vocus, Inc.
All rights reserved


Related medicine news :

1. National Association of Professional Women Announces Elizabeth (Betsy) L.M. Miller, Founder, Child Care Health & Safety, LLC, as a 2014 Professional Woman of the Year
2. Chivas de Guadalajara vs. Swansea City Tickets: Ticket Down Offers Rock Bottom Ticket Prices for Chivas de Guadalajara vs. Swansea City at Miller Park in Milwaukee
3. Advice to College Freshman from Author Garrett Miller
4. Growing Less Invasive Technology Company, SpineFrontier Inc., Announces John Miller as VP of Sales
5. Amercanex Names Jim Miller to CTO Position
6. Dr. Philip Miller Introduces Non-Invasive Procedure To Treat Double Chins
7. Mediaplanet Fights to End Alzheimer’s Alongside Seth Rogen, Lauren Miller Rogen and Maria Shriver in Its Latest “Fighting Alzheimer’s” Campaign
8. Express Scripts’ Miller Discusses Loss of ‘Social Contract’ in Drug Pricing, Other Specialty Pharmacy Trends
9. Dr. John S. Markel Now Offers Leading Laser Technology, Provides Convenient, Minimally-Painful Dental Treatment in Millersville, MD
10. NexTec Group Announces New Business Intelligence Practice Led by Mary Miller-Friedman
11. Barry A. Siegel, M.D., receives 2014 Benedict Cassen Prize for Research in Nuclear Medicine
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2017)... NEW YORK, NY (PRWEB) , ... May 23, ... ... decision makers in the pharmaceutical and medical device sectors, today announced the winners ... • Transformers • Entrepreneurs) represent the most influential people in the healthcare industry ...
(Date:5/23/2017)... ... May 23, 2017 , ... The National Council on ... to announce the organization’s Certified Strength Coach credential has earned accreditation from the ... program validates the competency of qualified candidates for jobs in the Strength and ...
(Date:5/23/2017)... Las Vegas, NV (PRWEB) , ... May 23, ... ... with Significance Dental Specialists, are educating patients on peri-implantitis in Las ... new patients to receive a custom gum disease consultation and leading care for ...
(Date:5/23/2017)... ... , ... Orbita’s Nathan Treloar will discuss the role of voice-powered healthcare applications ... Connected Health and IoT: Technology Innovators and Disruption , the workshop is part of ... research and consulting firm specializing in emerging consumer technology products and services. , ...
(Date:5/23/2017)... Horeb, WI (PRWEB) , ... May 23, 2017 , ... ... invited to call Dr. Angela Cotey’s practice to schedule an appointment, with or without ... services, and frequently offers pulpotomy treatments to pediatric patients as a healthy alternative to ...
Breaking Medicine News(10 mins):
(Date:5/8/2017)... FLINT, Mich. , May 8, 2017  Diplomat ... WRB Communications, Inc. ("WRB"), a health care ... . WRB specializes in relationship management ... organizations. WRB will ... of Diplomat,s commercialization support services for manufacturers, biotech firms, ...
(Date:5/6/2017)... , May 5, 2017  Hill-Rom Holdings, Inc. ... add approximately 100,000 square feet to its Welch Allyn ... 2016 its commitment to bring more than 100 new ... where Welch Allyn has maintained a significant presence for ... accommodate these new positions, a large portion of which ...
(Date:5/4/2017)... 2017 Clarius Mobile Health, a digital ... scanners this week at the American Congress of ... San Diego, CA from ... the perfect tool for clinicians to easily confirm ... evaluate pregnancy-related complications like ectopic pregnancy and placenta ...
Breaking Medicine Technology: