We are part of The Trust Project
prima:Optimistic Universal Life Insurance in $524 million lawsuit against Private Bankers Life & Annuity

The company remains immersed in legal proceedings against convicted PBLA founder Greg Lindberg and claims that its operating performance and financial results remain excellent

May 23, 2024 - 10:19 AM

Archival note
This content was published more than 5 months ago.
The headquarters of Universal Insurance Company, Universal Life's parent company, in Metro Office Park, Guaynabo. (Suministrada)

More than four years after Universal Life Insurance Company (UL) initiated an arbitration process for Private Bankers Life & Annuity Co. Ltd. (PBLA) to pay it some $524 million -plus interest-, the Puerto Rican insurer is still waiting for the million-dollar sum and continues to be immersed in legal proceedings with convicted PBLA founder Greg Lindberg.

Popular en la Comunidad


Ups...

Nuestro sitio no es visible desde este navegador.

Te invitamos a descargar cualquiera de estos navegadores para ver nuestras noticias: