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Title

  • Department of Insurance Announces Multi-Million Dollar Settlement with Nationwide

Description

  • Illinois Department of Insurance (DOI) Director Andrew Boron today announced an agreement has been reached with Nationwide Life Company and its life insurance affiliates (Nationwide) as part of a multi-million dollar settlement with several states. Under the settlement, Nationwide and its affiliates agreed to change business practices related to the payment of life insurance benefits and also agreed to pay $7,200,000 to states that are a party to the settlement.


Originally Deposited as: 24814

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Language(s): EN-English

Volume or Year: 2012
Number or Issue: October 11

Date Created: 10 11 2012
Date Last Modified: 10 11 2012

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1. Department of Insurance Announces Multi-Million Dollar Settlement with Nationwide (101112INSNationwideLifeSettlement.doc).
Document Size:134656 Software: Microsoft Word Version: 97-2003

2. (20121107132905_101112INSNationwideLifeSettlement.doc).
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This is part of a series. It is part of Press releases from the Governor's agencies: 46828