CNA Long-Term Care Insurance Premium Increases

DEFENDANT NAME: CNA Financial Corp.
STOCK SYMBOL:
CASE NUMBER: 1:18-cv-03314
COURT: U.S. District Court for the Northern District of Illinois
PRACTICE AREA: Consumer Rights
STATUS: Active
CLASS PERIOD:
LEAD PLAINTIFF DEADLINE:
DATE FILED: 05/09/18
COURT LOCATION:
RELATED DOCUMENTS:
CONTACT:
1-888-381-2889 cna@hbsslaw.com

Did you buy, or are insured under, a CNA Casualty Company policy for long-term care coverage or any other long-term care policy? Did your rates increase beyond what was represented?

You may be entitled to compensation. Fill out the form to find out your consumer rights »

ABOUT THE FRAUD

The lawsuit claims CNA enticed would-be customers with empty promises of low, stable insurance premiums that would not increase unless premiums increased for everyone of the same age and coverage plan. Despite its own promises, CNA increased the premium of the lawsuit’s plaintiff by 95 percent, and admitted the increase was not uniform for everyone in the same age category or premium class.

When it marketed the Policy to plaintiff, CNA provided a brochure that assured plaintiff and class members that the Policy would provide long-term stability and that Plaintiff and other class members would not be subject to disparate or discriminatory rate increases.

The lawsuit explains CNA’s actual practices: “Rather than obtaining peace of mind, these insureds suffer with the uncertainty of future premium increases, the risk of long-term care expenses that could arise, and the unavailability of affordable coverage alternatives now that they have reached a more advanced age.”

TOP CONSUMER RIGHTS FIRM

Hagens Berman is one of the most successful consumer-rights law firms in the U.S. and has bested some of the nation's largest corporations on behalf of those most vulnerable to corporate greed and negligence. The firm has secured more than $260 billion in settlements against insurance companies, Big Tobacco, the nation's largest pharmaceutical  conglomerates and others. Your claims will be handled by experts in consumer-rights law.

NO COST TO YOU

There is no cost or fee whatsoever involved in joining this action. In the event Hagens Berman or any other firm obtains a settlement that provides benefits to class members, the court will decide a reasonable fee to be awarded to the legal team for the class. In no case will any class member ever be asked to pay any out-of-pocket sum.


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