Wednesday, May 25, 2022

Nationwide To Pay $5.6M For Annuity Violations, NY Regulators Say

Nationwide To Pay $5.6M For Annuity Violations, NY Regulators Say

Superintendent of Financial Services Adrienne A. Harris announced today that the Department of Financial Services has entered into a consent order with Nationwide Life Insurance Company for violations of New York Insurance regulations with respect to deferred to immediate annuity replacement transactions.

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