Investigation: Prudential May Have Improperly Increased Your Long-Term Care Insurance Premium - Hagens Berman - Insurance News | InsuranceNewsNet

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December 20, 2023 Newswires
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Investigation: Prudential May Have Improperly Increased Your Long-Term Care Insurance Premium – Hagens Berman

Business Wire

Attorneys at leading consumer rights law firm believe Prudential may have subjected long-term care policyholders to improper premium increases

SEATTLE--(BUSINESS WIRE)--
Attorneys at Hagens Berman are investigating Prudential for allegedly increasing long-term care (LTC) insurance premiums in an improper manner, and the law firm urges Prudential long-term care insureds to learn about their potential rights regarding rate increases.

If you are insured under Prudential long-term care coverage, find out more about Hagens Berman’s investigation. If you are concerned about large rate increases under a different insurer’s long-term care product, we are happy to review your policy to ensure your rights are protected.

The law firm’s investigation indicates Prudential may be improperly increasing long-term care premiums, and attorneys say the company may have also failed to return premiums to certain policyholders.

“Our loved ones seek long-term care insurance to provide security and peace of mind as they age, and many long-term care policyholders are on fixed incomes. Insurance companies can’t be allowed to profit at the expense of vulnerable groups,” said Rob Carey, partner and executive committee member at Hagens Berman and the attorney leading the investigation.

Hagens Berman attorneys believe Prudential may be imposing long-term care premiums at disparate and discriminatory rates, despite this promise to customers, and refusing to return premiums when due.

Learn more about the investigation into Prudential for alleged improper increases of long-term care insurance premiums.

About Hagens Berman

Hagens Berman is a global plaintiffs’ rights complex litigation law firm with a tenacious drive for achieving real results for those harmed by corporate negligence and fraud. Since its founding in 1993, the firm’s determination has earned it numerous national accolades, awards and titles of “Most Feared Plaintiff’s Firm,” MVPs and Trailblazers of class-action law. More about the law firm and its successes can be found at www.hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231220020847/en/

Ash Klann
[email protected]

206-268-9363

Source: Hagens Berman

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