Omega Insurance Surrogacy Scandal Surpasses $6M In Claims

Yes, the victims were insured. But no, the insurance policy is not paying covered claims.

Excerpt - “The damage from the Omega PregnancyCare insurance scandalcontinues to mount. Court-appointed liquidators for the Cayman-based segregated portfolio company — which housed the main insurance entity of the U.S.-sold insurance product — put a call out for claims from victims. As reported in a May 6, 2021, Zoom meeting of creditors, those claims have surpassed $6 million and are expected to increase before the count is complete.”

Ellen Trachman is the Managing Attorney of Trachman Law Center, LLC, and a regular contributor to the ‘abovethelaw’ platform.