Elizabeth Russett, et al. v. Northwestern Mutual Life Insurance Company
Insurance Service Charge Settlement
Case No. 19-cv-07414

Welcome to the Insurance Service Charge Settlement Website

If you have or had an insurance service account with The Northwestern Mutual Life Insurance Company between June 21, 2016 and May 28, 2020, you may be entitled to a payment from a class action settlement.

Important Update:

The Court held the Final Approval Hearing on Tuesday, October 6, 2020
and ruled the Settlement Agreement is fair, reasonable, adequate, and in the best interest of the Settlement Class.
The Order Granting Final Approval and Fees was issued on October 6, 2020. 

What is this Lawsuit about?

A Settlement has been reached in a class action lawsuit against The Northwestern Mutual Life Insurance Company. The class action lawsuit involves whether Northwestern Mutual charged its customers an additional fee based on the method by which they chose to pay their monthly premiums, which is alleged to violate New York law.  Defendant denies any wrongdoing and denies the Plaintiffs' allegations.  The Court has not determined who is right, and the Parties have agreed to settle the lawsuit. 

Who is Included?

The Settlement Class includes all persons with a New York mailing address who from June 21, 2016 to and through May 28, 2020 were charged by Defendant an additional rate or fee or a differential in the rate or fee based on the method by which they chose to make payments.

What does the Settlement provide?

A Settlement Fund has been created totaling $595,000.  Class Member payments, as well as the cost to administer the Settlement, the cost to inform people about the Settlement, attorneys' fees, and awards to the Class Representatives, will be paid out of the Settlement Fund.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

ACTION/DEADLINE EXPLANATION
DO NOTHING If you have an active insurance service account with Northwestern Mutual, once the Settlement becomes Final, you will receive a pro rata share of the Settlement Fund in the form of a credit to your account, based on the total amount of service charges you paid via your account between June 21, 2016 and May 28, 2020. If you close your insurance service account after May 28, 2020, then you will receive a pro rata share of the Settlement Fund in the form of a check issued to you, rather than via a credit to the account.

SUBMIT A CLAIM FORM
November 20, 2020

(Passed)

 If you have a closed insurance service account with Northwestern Mutual, you must have submitted a claim to receive a pro rata share of the Settlement Fund in the form of a check, based on the total amount of service charges you paid via your account between June 21, 2016 and May 28, 2020. The deadline to file a Claim Form was November 20, 2020 and has passed.

EXCLUDE YOURSELF FROM THE CLASS

(Passed)

 The deadline to exclude yourself from the class was August 3, 2020, and has passed. 

OBJECT

(Passed)

 The deadline to object to the Settlement was August 3, 2020, and has passed. 

GO TO THE HEARING

(Passed)

 The Final Hearing was held on October 6, 2020 and the Settlement was Approved.

 

 

For More Information

Visit this website often to get the most up-to-date information.

Email
info@InsuranceServiceChargeSettlement.com
Call
1-833-928-2554
Mail
Insurance Service Charge Settlement
c/o JND Legal Administration
P.O. Box 91306
Seattle, WA 98111