Georgia Soldiers to Get Insurance Refunds

Georgia’s insurance commissioner said American Fidelity Life Insurance has agreed to refund its life insurance policy holders $275 each.

Soldiers who purchased policies written from Sept. 1, 2004 to Oct. 2009 are eligible for the cash. Commissioner John Oxendine said he estimates that 962 soldiers will be receive the payout.

The refund comes after Oxendine’s office found that insurance products offered by American Fidelity contained provisions that violated Georgia law and that the company’s annual statements weren’t filed properly.

Based in Pensacola, Fla., American Fidelity Life Insurance Co. is an underwriter of the U.S. military’s Service members Group Life Insurance program.

Oxendine is seeming the Republican nomination for governor in 2010.

Latest Comments

• November 13, 2009 at 6:31 am

  Georgia Democrat says:

  John Oxendine didn't pursue this case because he was running for governor. He pursued it because he's an excellent Insurance Commissioner for the State of Georgia. And that, ... read more
• November 13, 2009 at 12:53 pm

  2 far to the right says:

  Sounds to me like the liberal IJ is making an early start to discredit any actions benefiting the public by a republican...
• November 13, 2009 at 12:13 pm

  wudchuck says:

  funny, how that came up at the last mention. who would want a crook as a politician? oops! we already have many of those there. so he'd be joining the crowd. but you know, if ... read more