Superintendent of Financial Services Announces DFS Fines American Progressive Life and Health Insurance Company of New York $260,000 for Rescinding Reduced Paid-Up Life Insurance Policies Without Consumer Consent

Posted to Applied Web NY on Tue, 09/17/2019 - 10:35

Superintendent of Financial Services Linda A. Lacewell today announced that the Department of Financial Services (DFS) has fined American Progressive Life and Health Insurance Company of New York $260,000 for rescinding certain life insurance policies without the consent of policyholders.

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