( January 29, 2026, 12:23 PM EST) -- WATERBURY, Conn. — A group of over-the-cap universal life insurance policyholders (UL policyholders) filed an emergency motion in a Connecticut state court to intervene in the rehabilitation of PHL Variable Insurance Co., arguing that they were required to continue paying premiums in reliance on repeated assurances of a forthcoming rehabilitation plan before the rehabilitator reported that liquidation was necessary, leaving their policies subject only to guaranty association limits....