Hagens Berman Files Amended Nationwide Class Action in Long-Term Care Insurance Rate Increase Lawsuit Against CNA (Continental Casualty Company)
Attorneys Representing Long-Term Care Insurance Policyholders Say Groundbreaking Lawsuit has Entered a New Phase
A groundbreaking lawsuit concerning long-term care insurance premium increases reached a milestone according to attorneys at Hagens Berman seeking to represent a class of policyholders fighting against allegedly illegal rate hikes implemented by
The law firm began its fight against CNA’s group long-term care insurance rate increases in 2018 and has been leading the charge, filing four additional cases to make a difference for the hundreds of thousand of people covered by the litigation.
“The discovery process lead us to file an amended class action complaint with new specific details supporting our allegations of fraud and breach of contract, and we are very pleased that the court has allowed our motion to file this complaint over CNA’s protestations," said
“On the Side of Policyholders”
In 2023,
“Folks purchased this coverage from CNA decades ago thinking they were buying security for their older years, but they have received anything but that, with a barrage of rate increase actions that do not comply with CNA’s original promises and representations,” Carey said. "We are on the side of policyholders."
Hagens Berman Wants to Hear From You
Attorneys say that part of CNA’s strategy to avoid accountability to its policyholders is to argue that the firm's cases should not proceed as class actions, but rather, should be litigated individually, policyholder by policyholder. If you or a loved one has faced rate increases in connection with a CNA group long-term care insurance policy,
Read more about the law firm’s class-action lawsuit against
src="https://cts.businesswire.com/ct/CT?id=bwnewssty=20240521821609r1sid=acqr8distro=nxlang=en" style="width:0;height:0" />
View source version on businesswire.com: https://www.businesswire.com/news/home/20240521821609/en/
[email protected]
206-268-9363
Source:


RT Specialty Promotes Rob Polansky to President of Field Operations Binding Authority
Today’s long-term care policies are hybrid of life insurance/care benefits
Advisor News
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
- Modifying life insurance based on evolving needs
- Gen X faces ‘pension envy’ as they head into retirement
More Advisor NewsAnnuity News
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
- AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
- OID recovers $260M in life insurance benefits
- NUNN BILLS TO COMBAT PAYMENT SCAMS, CUT FINANCIAL RED TAPE PASS FINANCIAL SERVICES COMMITTEE
More Annuity NewsHealth/Employee Benefits News
Life Insurance News