Allstate Insurance Co. lost its bid to dismiss a putative class action challenging the insurance giant’s decision to terminate life insurance benefits it provides to retirees (Turner v. Allstate Ins. Co., M.D. Ala., No. …
After the town’s vow to continue fighting to increase retiree health care premiums, Andover retirees have made one thing very clear — they’re not done fighting either. On Thursday, Andover retirees filed a class action lawsuit against the town of Andover, requesting that “all improper contributions which retirees have had to pay since July 1, 2016” are paid back. The lawsuit comes …
Mary Julia Klimenko thought she was prudent 20 years ago when she invested in a long-term care insurance policy, one she believed would help pay for the care she’d need as she aged. Now she wishes she’d banked the money instead. Her monthly premiums have nearly quadrupled over the past two years, and Klimenko, 69, is furious about the choices she’s been given: pay the higher cost, lower her …