Variable

Nissan’s Innovative Variable Compression Engines Face Class Action Lawsuit Over Alleged Faults

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NASHVILLE, Tenn. — Nissan is facing a class-action lawsuit concerning its variable compression engines, a technology praised for its potential fuel efficiency but now criticized by some owners for performance issues. The suit, filed in a California federal court, alleges that Nissan misrepresented the capabilities of its variable compression technology, which is featured in certain models, including the Nissan Altima and Infiniti QX50. Plaintiffs contend that the cars equipped with this engine suffer from persistent problems leading to reduced power and efficiency over time. Consumers claim they purchased the vehicles with the expectation of superior … Read more

Public Hearing Scheduled as Judge Considers Changes to PHL Variable Moratorium

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A judge in Hartford, Connecticut, has announced plans for a public hearing regarding proposed changes to a moratorium affecting PHL Variable Insurance Company. This development comes amid scrutiny and concerns over the company’s financial practices and their implications for policyholders. The moratorium, initially established to protect clients from potential adverse actions by the insurer, is being revisited in light of ongoing discussions about the company’s financial stability. The scheduled hearing aims to provide a platform for stakeholders, including policyholders and advocacy groups, to express their views on the proposed alterations. Legal representatives for PHL Variable … Read more