Register for the CNA Group Long-Term Care Insurance Rate Increase Class Action
Stay informed for the latest updates and developments in the CNA group long-term insurance rate increase class action litigation. Register yourself or a family member today.
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
Class Action Details
Understanding the CNA Group Long-Term Care Insurance Rate Increase Class Action
Stay informed about the ongoing litigation concerning CNA's group long-term care insurance rate increases. Learn about the case background, your rights, and how you can get involved.
Case Background
CNA sold group long term care insurance using uniform nationwide premium rate classes, but starting in 2015, it raised rates in different amounts state to state - this violates the terms of the long-term care insurance policies according to the plaintiffs. In addition, the plaintiffs allege that CNA designed the massive rate hikes in order to induce policyholders to reduce or lapse their coverage, CNA's ultimate goal.
Your Rights
If you, or a family member, are a potential class member then we want to hear from you - join our registry today to stay informed about decisions in the litigation that may impact your rights.
How to Get Involved
Join our registry today! We want to hear how CNA's group long term care insurance rate increases impacted you or a loved one. We are also collecting and archiving any original policy, enrollment or marketing materials that potential class members may have.
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In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
Key Highlights from the First Amended Complaint in Boaden et al v. Continental Casualty Company
Inequitable Rate Increases and Shock Lapsing Insureds Out of Coverage
Policyholders often call us and say that it feels like their long-term care insurance company is trying to lapse their coverage by creating administrative obstacles to paying premiums and implementing massive rate increases. As alleged by the Plaintiffs here in the First Amended Class Action Complaint, this is exactly what CNA has been doing to its group long term care insureds for about a decade. Here are some highlights from the complaint:
Para. 267: "Continental saw shock lapses as such an important financial opportunity that it explicitly planned to discontinue its payroll deduction program because the discontinuation of payroll deductions would 'cause an increase in lapses.'"
Paras. 284-285: "Plaintiffs and the Classes have been subjected to disparate increases in the cost of their long-term care premiums depending upon the state in which they reside. The rate increases sought and received have little to no uniformity, destroying any semblance of the promised nationwide age-based premium class...insureds covered by rate filings in Alaska, Arkansas, Wisconsin, Michigan, North Dakota, South Dakota, Nebraska, Pennsylvania, and Tennessee, have faced cumulative rate increases exceeding 100%, whereas insureds covered by rate filings in California, Colorado, Virginia, and Vermont had not had any rate increases implemented at all."
Para. 265: "Continental has bragged to Wall Street about the success of its rate increase program in causing shock lapses. In its Third Quarter 2019 Results investor presentation, Continental touted 'Progress in De-Risking LTC Exposure,' reporting that 'Focused rate increase strategies are reducing risk profile.' Specifically, Continental cited a '28% decline in active policies since 2015, and a 7% decline since Q3 2018.'"
The full First Amended Class Action Complaint is available to download here: 2024-06-03-first-amended-complaint.pdf
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In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
CNA Group Rate Increase FAQs
What is the CNA rate increase class action about?
The class action is focused on challenging the inequitable premium increases imposed by CNA on its group long-term care insurance policyholders. The case seeks to provide relief to affected individuals.
Who is this class action seeking to represent?
Policyholders who have experienced rate increases on their CNA group long-term care insurance policies. Specific eligibility criteria will be provided as the case progresses.
How can I stay informed about the case?
You can sign up on our registry to receive updates and important information regarding the class action. Click on the blue "Sign Up Now" button at the top of this page to register and stay informed.
What are the potential outcomes of the class action?
The class action aims to achieve relief for affected policyholders, which may include compensation or a rollback of the premium increases. The exact outcomes will depend on the outcome of the litigation.
How do I tell my story to the class action lawyers?
When you sign up to our registry as a potential class member, you will have an opportunity to submit a written or video submission to the lawyers to tell us how CNA's inequitable rate increase program has impacted you or your loved ones.
Where can I find more detailed information about the case?
For comprehensive details about the CNA rate increase class action, visit the "Information about the Case" page on our website. It provides background, process details, and steps to get involved.
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In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
Case Progress and Statistics
Keep track of the latest statistics and progress of the CNA rate increase class action.
- Potential Policyholders Impacted
- 200,000+
- Pages of Documents Produced by CNA
- 290,000+
- Potential Damages Owed to Class
- $1 Billion+
- Years of Litigation
- 6+
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In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
Stay Informed About the CNA Rate Increase Class Action
Join our registry to get the latest updates on the CNA rate increase class action litigation. Be part of the movement and protect your rights.
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
Expert Legal Guidance
www.SeanKCollinsLaw.com
The Law Offices of Sean K. Collins, along with co-counsel Hagens Berman Sobol Shapiro LLP and Goldenberg Schneider LPA, are spearheading the CNA rate increase class action, providing dedicated legal expertise to those affected by the rate changes.
With a proven track record in handling long-term care insurance cases, the Law Offices of Sean K. Collins is committed to advocating for policyholder rights. For any other long-term care insurance needs, visit www.seankcollinslaw.com to explore our comprehensive long-term care insurance focused legal services.
Experienced Representation
Our team has extensive experience in navigating the complexities of insurance litigation, ensuring informed and effective representation.
Client-Focused Approach
We prioritize your needs, offering personalized legal strategies tailored to achieve the best possible outcomes for your case.
Comprehensive Legal Services
Beyond class actions, we offer a wide range of legal services for various long-term care insurance disputes and claims.
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."
In the right area, tell Kimmy what kind of section you want to add, like "I'd like to add a product introduction here."