Golden Gate Sued Over Insurer’s $2.2 Billion Capital Shortfall
Policyholders of a struggling life insurer sued its private equity owner, accusing Golden Gate Capital of self-dealing and mismanaging PHL Variable Insurance Co. to the point that it now faces possible liquidation. A lawsuit filed in...
Read more: https://www.claimsjournal.com/news/national/2026/0...
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