Kyle Busch and his legal team filed an amended complaint Tuesday with more specific claims of alleged IUL sales fraud by PacLife.
An internal probe uncovered fraudulent activities committed by current and former employees against some 500 customers.
Life Insurance Company of the Southwest, an affiliate of National Life Insurance Co., is facing a renewed lawsuit over allegations of misleading sales practices tied to indexed universal life products ...
Prudential Life Insurance Co says that around 100 of its employees and former employees had improperly borrowed from or defrauded clients out of some 3.1 billion yen over the course of more than 30 ...
Prudential Life Insurance Co. apologized to customers at a Jan. 23 news conference and pledged they will be compensated for a massive fraud scheme where more than 100 employees defrauded approximately ...
5don MSN
Life insurance was supposed to be safe — instead, customers lost $20 million to insider fraud
Life insurance is supposed to ensure that your loved ones receive a lump-sum benefit when you pass away, offering certainty ...
It's the second state case to fall apart in 18 months.
The fraud came to light during an internal investigation in September 2025, which found that the accused had been involved in the malpractice since 2019, causing significant losses to the company.
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