Best's News



Best’s News & Research Service subscription required - February 25, 2026 03:34 PM (EST)

Pacific Life Reaches $58.3 Million Settlement in IUL Illustration Lawsuit

Pacific Life Insurance Co. agreed to pay $58.3 million to settle a lawsuit claiming it provided policyholders with misleading marketing materials and illustrations to sell indexed universal life . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Settlements (Litigation) Life And Annuity Insurance Litigation Universal Life Insurance Life And Annuity Insurers


Latest News




EXCESS AND SURPLUS LINES INSURANCE
Connecticut Eases Rules for E&S Lines Placement
May 21, 2026 03:55 PM (EDT)

DUAE (DELEGATED UNDERWRITING AUTHORITY ENTERPRISES)
European Firm Orvia Underwriting Enters Dutch Market Aimed at High Net Worth Business
May 21, 2026 03:43 PM (EDT)

More from Best’s News


Trending

1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)




5
PEOPLE IN INSURANCE
AIG Completes Planned Leadership Transition on June 1
Apr 27, 2026 11:31 AM (EDT)


    





5
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Skyward Specialty Insurance Group’s Members
Aug 14, 2025 10:54 AM (EDT)

AM Best TV

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html