September 29, 2023
US Department of Labor reaches settlement with United of Omaha Life Insurance Co. to reform its evidence of insurability practices
WASHINGTON – The U.S. Department of Labor today announced a settlement with United of Omaha Life Insurance Co. that requires the company to revise how it administers its requirement that participants in employer-sponsored life insurance plans provide proof of good health — referred to as evidence of insurability — before obtaining coverage in certain instances.