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Department of Insurance Announces Multi-Million Dollar Settlement with Nationwide

 
 Volume/Number:  2012 October 11 
 Issuing Agency:   
 Description:  Illinois Department of Insurance (DOI) Director Andrew Boron today announced an agreement has been reached with Nationwide Life Company and its life insurance affiliates (Nationwide) as part of a multi-million dollar settlement with several states. Under the settlement, Nationwide and its affiliates agreed to change business practices related to the payment of life insurance benefits and also agreed to pay $7,200,000 to states that are a party to the settlement. 
 Date Created:  10 11 2012 
 Agency ID:  1101**12 
 ISL ID:  000000045353   Original UID: 24814 FIRST WORD: Department