$800 Million Settlement Reached for Retirees in CalPERS Long-Term Care Pension Plan Blunder
Risk & Insurance - May 30, 2023
Poorly misjudged inflation rates led people invested in the CalPERS long-term care insurance to pay extremely high rate hikes. The group took the pension plan company to court. The post $800 Million Settlement Reached for Retirees in CalPERS Long-Term Care Pension Plan Blunder appeared first on Risk...
Recommended Articles
Posted: Aug 06, 2025
As AI reshapes the risk landscape, insurers, tech firms, and businesses must break down data silos a...
Posted: Aug 06, 2025
Gallagher’s Josh Daly emphasizes education, data-driven strategies, and trust to manage public secto...
Posted: Aug 06, 2025
Insurance carriers are facing a growing pressure to modernize by re-examining how they work, make de...