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Best’s News & Research Service subscription required - December 21, 2021 02:31 PM (EST)

NY Insurance Regulator Fines Pacific Life $3M for Unlicensed Pension Risk Transfers

New York’s insurance regulator has signed a consent order with Pacific Life Insurance Co. penalizing it $3 million for conducting pension risk-transfer business without a license in the state. . . .

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New York Fines And Penalties Pension Funds


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