Financial Services Superintendent Linda A. Lacewell Secures $1.15 Million for Consumers From Six Life Insurance Companies for Deferred to Immediate Annuity Replacement Violations
September 24, 2019
September 24, 2019
ALBANY, New York, Sept. 24 -- The New York State Department of Financial Services issued the following news release:
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- Six Insurers to Pay $1,152,154 in Restitution Collectively to New York State Consumers, Plus $673,000 in Penalties
- DFS's Ongoing Industry-Wide Investigation Continues to Protect Consumers
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Financial Services Superintendent Linda A. Lacewell today announced that the Department of Financial Services (DFS . . .
* * *
- Six Insurers to Pay $1,152,154 in Restitution Collectively to New York State Consumers, Plus $673,000 in Penalties
- DFS's Ongoing Industry-Wide Investigation Continues to Protect Consumers
* * *
Financial Services Superintendent Linda A. Lacewell today announced that the Department of Financial Services (DFS . . .