Horace Mann settles class-action insurance bad faith suit for $5 million.
In July 2001, Illinois-based insurer Horace Mann settled a class-action suit that was filed against the company by holders of various disability policies. The $5 million settlement was based on confusing language in the policy’s offsetting benefits provisions. Offset provisions affect the policies of people who have other forms of income to protect against disability, such as retirement benefits, social security, and added insurance policies. Learn more
Laws are the very bulkwarks of liberty; they define every man’s rights, and defend the individual liberties of all men
J.G. Holland