annuity payment News

N.Y. Gov. Cuomo Says Life Insurers Paid Over $262M After Probe

New York Gov. Andrew Cuomo said this week that a regulatory investigation into how insurers tracked life insurance policyholders resulted in 32,715 payments to consumers nationwide. The overall amount paid by insurers is $262.2 million, including 7,525 payments totaling $95.9 …

New Hampshire, Other States Reach Settlement With Prudential

New Hampshire insurance officials are announcing a $17 million settlement reached by seven states and Prudential Insurance over the company’s use of the federal government’s master death files. New Hampshire was one of seven lead states that investigated Prudential’s use …