Omaha Steve's Labor Group

raise rates or decrease benefits to maintain profitabiity. Could be they fear or are already paying numerous death benefits from covid?

They contracted with an insurer to pay those benefits. Can't imagine they would pay them from corporate accounts. The insurer made some actuarial analysis and quoted a rate, and invested the monies they were paid to underwrite the policies. That money is then invested to pay claims. A shift in life expectancies is not a failure of invested assets. A contract is a contract. Hope these folks get good lawyers and class action status.