In New York deal, six insurers will pay $1.8 million over annuity sales practices
September 25, 2019 by InvestmentNews
New York State’s Department of Financial Services has entered into consent orders with six life insurance companies over violations of the state law covering transactions in which deferred annuities were replaced by immediate annuities.
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Originally Posted at InvestmentNews on September 24, 2019 by InvestmentNews.
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