Tuesday, September 05, 2006
Illinois A.G. Sues Companies for Deceptive Mailers for Annuity Sales to Seniors
Illinois Attorney General Lisa Madigan announced her office filed two lawsuits against companies that allegedly used deceptive, unsolicited mailers to target senior citizens. The companies used the mailers to obtain personal financial information to develop sales leads for insurance agents to sell annuities and other insurance products.
According to Madigan's complaint, seniors who respond to these mailings are not told their personal financial information may be used as leads for insurance agents, telemarketers, or others who may later try to persuade them to buy annuities and other insurance products.
Illinois A.G. Sues Companies for Deceptive Mailers for Annuity Sales to Seniors
Source: Insurance Journal
According to Madigan's complaint, seniors who respond to these mailings are not told their personal financial information may be used as leads for insurance agents, telemarketers, or others who may later try to persuade them to buy annuities and other insurance products.
Illinois A.G. Sues Companies for Deceptive Mailers for Annuity Sales to Seniors
Source: Insurance Journal
Permalink posted by armandn @ 7:35 AM 
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