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Monday May 20th 2013

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Posts Tagged ‘insurance company practices’

Life Company to Pay Up

Life Company to Pay Up

Nationwide Insurance Company has agreed to pay an estimated $3 million to California beneficiaries of its life insurance policies, says state Controller John Chiang. Chiang began auditing insurance company practices in 2008, revealing an industry-wide practice of companies failing to pay death benefits to the beneficiaries of life insurance [...]