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Best’s News & Research Service subscription required - March 02, 2021 03:43 PM (EST)

New York Life to Pay $10.9 Million to Settle Annuity Conversion Complaints

New York Life Insurance & Annuity Corp. will pay $10.9 million under a consent order filed to settle complaints the company’s agents were convincing customers to convert deferred annuities to . . .

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Settlements (Litigation) Annuity Fees New York Annuities


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