SiteTitle | • | Department of Insurance Announces $600,000 Settlement with Allianz Life Insurance | [X] |
Organization | • | Illinois Department of Insurance | [X] |
| | 1: | | Title: | | | | | Volume/Number: | 2012 September 14 | | | | Issuing Agency: | | | | | Description: | Illinois Department of Insurance Director Andrew Boron today announced Illinois received $602,483.06 as part of a multi-state settlement with Allianz Life Insurance Company (Allianz.) This multi-state settlement pertains to fixed annuities issued from 2001 through 2008. Under the settlement, Allianz agreed to pay a monetary penalty of $10 million in penalties to 43 states that participated in the examination. | | | | Date Created: | 09 14 2012 | | | | Agency ID: | 1014**12 | | | | ISL ID: | 000000044969 Original UID: 24442 FIRST WORD: Department | |
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