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

More from Best’s News


Trending

1
ARTIFICIAL INTELLIGENCE
Allianz Partners: AI-Aided Transition Will Impact Up to 1,800 Jobs
Jul 08, 2026 02:48 PM (EDT)

2
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
NAIC Offers Guidance on Quarterly Filings Following Cyberbreach
Jul 06, 2026 03:19 PM (EDT)


4
LIQUIDATION
PHL Variable Liquidation Expected for 2027, Rehabilitator Says
Jul 07, 2026 01:04 PM (EDT)


1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates
Apr 16, 2026 12:04 PM (EDT)


3
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
Update: NAIC Discloses Data Breach in Software System
Jun 23, 2026 04:18 PM (EDT)


5
BEST'S CREDIT RATING ACTION
AM Best Upgrades Issuer Credit Ratings of AXA S.A. and Its Main Rated Subsidiaries
Oct 09, 2025 11:54 AM (EDT)


    

1
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
Update: NAIC Discloses Data Breach in Software System
Jun 23, 2026 04:18 PM (EDT)

2
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates
Apr 16, 2026 12:04 PM (EDT)