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Kyle Busch Sues Insurance Firm for $8.5 Million Losses

11/2/2025

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Summary

Story summary

Kyle Busch, a two-time NASCAR Cup Series champion, filed an $8.5 million lawsuit against Pacific Life Insurance Company over a misrepresented Indexed Universal Life policy.
The policy would expire in 16 months and most of Busch's $10.4 million investment was gone.
His attorney identified others with similar losses and named Rodney A. Smith for steering the Buschs into the plan while collecting a 35% commission.

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Story summary

Kyle Busch, a two-time NASCAR Cup Series champion, filed an $8.5 million lawsuit against Pacific Life Insurance Company over a misrepresented Indexed Universal Life policy.
The policy would expire in 16 months and most of Busch's $10.4 million investment was gone.
His attorney identified others with similar losses and named Rodney A. Smith for steering the Buschs into the plan while collecting a 35% commission.