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Sunday April 20th 2014

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Posts Tagged ‘John Chiang’

State Controller Sues ANICO For Violating Unclaimed Property Law

State Controller Sues ANICO For Violating Unclaimed Property Law

State Controller John Chiang filed a lawsuit against Texas-based life insurance company ANICO for refusing to turn over records needed to audit the company, which is suspected of failing to pay life insurance benefits to the heirs of deceased policy holders. "In what appears to be a pervasive industry practice, many insurers are fleecing [...]