Allianz Lawsuit Given Class-Action Status at Insurance Wood

Allianz Lawsuit Given Class-Action Status

National class-action status has been granted to a Minnesota lawsuit accusing Allianz Life Insurance of North America of deceptive practices.

Allianz, based in the Minneapolis suburb of Golden Valley, said Friday it plans to appeal the ruling, which did not address the validity of the allegations that it used deceptive sales and marketing tactics to sell annuities to senior citizens.

Allianz Lawsuit Given Class-Action Status
Source: Insurance News Net

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Allianz Lawsuit Given Class-Action Status

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