Current Investigations
We are currently investigating several matters where business entities or individuals have suffered damages due to the wrongful conduct of others. These investigations include the matters identified below. Please contact us if you are interested in discussing these or any other matters
Schirger Feierabend is currently investigating claims against life insurance companies related to “Cost of Insurance” and other “Monthly Deduction” overcharges and rate increases in connection with certain permanent life insurance policies.
If you own any life insurance policies of these types, your insurance company may be overcharging or preparing to overcharge you.
- Universal
- Variable Universal
- Whole Life
- Variable Whole Life
- Flexible Premium
These policies typically describe what the insurance company can deduct from your policy value each month. They might be violating the terms of your policy, and subjecting you to improper overcharges, by including hidden charges. These are the kinds of charges that you should look for on your statements.
- Monthly Deduction
- Cost of Insurance
- Mortality
Many of these policies also restrict insurance companies from increasing the rates used to calculate the "Monthly Deduction," "Cost of Insurance" charge, or "Mortality" charge, unless their "mortality expectations" have worsened. Most of these companies’ mortality expectations have improved over the last few decades, so they should be decreasing these rates, not increasing them. Your insurance company may be violating the terms of your policy, and subjecting you to improper overcharges, if the "Monthly Deduction," "Cost of Insurance," or "Mortality" rates for your policy have increased, or you received notice that they will increase soon.
These improper overcharges and rate increases could be costing you thousands of dollars, depending on the amount of insurance you own, and how long you have owned your policy.
Schirger Feierabend is currently prosecuting claims on behalf of policyholders alleging that insurance companies are violating the terms of their policies by inflating "Monthly Deduction," "Cost of Insurance," and "Mortality" charges, and by improperly increasing the rates used to calculate them.
How do I know if I have one of these policies?
In addition to a death benefit, these types of "permanent" life insurance policies generally provide an investment, interest-bearing, or savings component. They also typically describe the separate fees and charges, including a "Monthly Deduction," "Cost of Insurance," or "Mortality" charge that the insurance company takes from your policy value each month. If your policy describes one or more of these charges, your insurance company may be overcharging you.
In addition, if your policy’s "Monthly Deduction," "Cost of Insurance," or "Mortality" rates have increased, or you received notice that they will increase soon, your insurance company may be violating the terms of your policy.
We would like to hear from you if you have these types of policies sold by any life insurance company. Please contact us and someone from our law firm will reach out to you.
Roundup, a popular herbicide, has been associated with the onset of cancer-related diseases, specifically non-Hodgkin’s lymphoma (NHL). Monsanto (Bayer), the manufacturer of the product, is confronted with over 10,000 lawsuits for not adequately informing consumers about the risks posed by glyphosate and other harmful chemicals present in Roundup.
Schirger Feierabend is investigating potential claims stemming from exposure to Round-Up herbicide. If you or a loved one have had previous exposure to Round-Up and have been affected and diagnosed with a cancer-related disease, please contact us and someone from our law firm will reach out to you.