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Litigation

Jul. 20, 2012

Judge bars insurance company from increasing rates on certain customers

A federal judge in San Francisco has barred Conseco Life Insurance Co. from increasing rates on 100 policyholders - part of a class of thousands who say the cost increases breached the company's contract with consumers.


By Ben Adlin


Daily Journal Staff Writer


A federal judge has granted a partial preliminary injunction to prevent Conseco Life Insurance Co. from increasing rates on 100 policyholders - part of a class of thousands who say the cost increases breached the company's contract with consumers.


The plaintiffs' attorneys had asked for a broader injunction, but U.S. District Judge Susan Y. Illston in San Francisco ruled only to prevent the rate ...

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