$4
Class Action
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Case Details
Settlement for independent life insurance agents who accused Accordia Life and Annuity Company and Alliance-One Services, Inc. of failing to pay contractually agreed upon renewal commissions or paying lower commissions due to mismanagement of a conversion period.
Additional Notes
Case: David Cohen, CLU v. Accordia Life and Annuity Company and Alliance-One Services, Inc., Case No. 18-cv-458, United States District Court, Southern District of Ohio. Class involved approximately 79,000 members and 530,000 life insurance policies. Settlement date: October 27, 2020.