Jury Awards $114M in United of Omaha Rescission Case
June 15, 2021 by Allison Bell
Astate court jury in Harrison County, Texas, awarded $113.85 million to the plaintiff Friday in a case involving a dispute over payment of life insurance death benefits.
The plaintiff, Johnny Costello, has been trying to collect death benefits under a $500,000 life insurance policy that United of Omaha Life Insurance Company issued to his late wife, Fatima Costello.
United of Omaha is a subsidiary of Mutual of Omaha.
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Originally Posted at ThinkAdvisor on June 14, 2021 by Allison Bell.
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