( May 12, 2026, 10:07 AM EDT) -- WATERBURY, Conn. — A Connecticut state judge ruled that no oral argument is needed on a motion to intervene filed in the rehabilitation proceedings for PHL Variable Insurance Co. by a group of policyholders seeking limited intervention to pursue, or obtain authority to pursue, potential claims against entities formerly affiliated with PHL through its pre-rehabilitation corporate structure on behalf of PHL’s estate, ordering that the motion and the rehabilitator’s objection will be decided “on the papers.”...