Insurance Policy

Lawsuit Over Michael Jackson Insurance SettledA lawsuit over the payout of a $17.5 million policy related to Michael Jackson's planned comeback concerts has been settled, attorneys told a judge on Wednesday.
Lawsuit Alleges Over 100,000 Retirees Misled Over Rate Hike By CalPERSA class action lawsuit filed Tuesday accuses CalPERS of intentionally misleading over 100,000 retirees over the past 18 years by selling them long-term insurance that turned out to be insufficiently funded and under duress for a decade.