Premiums To Struggling Insurer Are 'Debts,' Conn. Panel Told

By Aaron Keller ( May 19, 2026, 9:29 PM EDT) -- PHL Variable Insurance Co. life insurance policyholders on Tuesday accused Connecticut's interim insurance commissioner of bankrolling the struggling insurer's rehabilitation by receiving millions without guaranteeing at least some payout, urging a state appeals court to reverse a trial judge's conclusion that premiums are not "debts."...

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