Civil Litigation,
Insurance
Dec. 3, 2019
Butte County court gives $4.3M for elder financial abuse
A Butte County jury awarded over $3 million to an elderly man it found an insurance company had scammed into spending $100,000 on an annuity policy.
A Butte County jury awarded over $3 million to an elderly man it found an insurance company had scammed into spending $100,000 on an annuity policy.
"National Western Life Insurance is, by all appearances, an incorrigible scofflaw which uses 22,000 'independent' agents to sell its annuity products without any due regard to the agent's business practices," the plaintiff's attorney, Frank J. Fox...
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