Episode Details

Connecticuts insurance department hosts a virtual info session on April 13th at 10:30 AM for PHL Variable Insurance policyholders and annuity holders. The session focuses on updates regarding a prolonged rehabilitation case, addressing concerns of thousands of policyholders. Policyholders can submit questions in advance by April 9th. The department will provide a recording on their website. The session emphasizes clear steps and next steps, particularly as discussions shift towards potential liquidation. Policyholders with values exceeding guaranty fund caps may face challenges as unsecured creditors. Visit the departments PHL webpage for more information.

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