Thursday, February 14, 2008

 

Allianz Life Insurance Settles California Annuities Complaint

Taking what they described as a significant step to protect senior citizens, state regulators have persuaded the biggest seller of annuities in California to promise to stop targeting the elderly with pitches allegedly designed to sell them pricey policies that could never pay off.

Allianz Life Insurance Settles California Annuities Complaint
Source: LA Times

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