Superintendent of Financial Services Linda A. Lacewell Announces DFS Fines American Progressive Life and Health Insurance Company of New York $260,000 for Rescinding Reduced Paid-up Life Insurance Policies Without Consumer Consent
September 17, 2019
September 17, 2019
NEW YORK, Sept. 17 -- The New York State Department of Financial Services issued the following news release:
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- Under DFS Consent Order, Insurer Will Pay Restitution to 260 Consumers Whose Policies Were Rescinded Without Their Consent
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Superintendent of Financial Services Linda A. Lacewell today announced that the Department of Financial Services (DFS) has fined American Progressive Life and Health Insurance Company of New York $260,0 . . .
* * *
- Under DFS Consent Order, Insurer Will Pay Restitution to 260 Consumers Whose Policies Were Rescinded Without Their Consent
* * *
Superintendent of Financial Services Linda A. Lacewell today announced that the Department of Financial Services (DFS) has fined American Progressive Life and Health Insurance Company of New York $260,0 . . .