Friday, January 06, 2006

 

Universal Life To Pay $2 Million Restitution To Its Policyholders

Universal Life Resources will pay $2 million in restitution to policyholders to settle allegations the company received undisclosed payments from some of the nation's largest life insurers to steer business their way, state officials said.

Universal Life To Pay $2 Million Restitution To Its Policyholders
Source: Wall Street Journal (subscription required)

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