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Department of Insurance Announces Multi-Million Dollar Settlement with TIAA-CREF

 
 Volume/Number:  2013 June 24 
 Issuing Agency:   
 Description:  Press Release: Illinois Department of Insurance (DOI) Director Andrew Boron today announced an agreement with Teachers Insurance and Annuity Association of America and TIAA-CREF Life Insurance Company (collectively, TIAA) as part of a multi-million dollar settlement with several states. Under the settlement, TIAA agreed to change business practices related to the payment of life insurance benefits and also agreed to pay $6,200,000 to states that are a party to the settlement. 
 Date Created:  06-24-2013 
 Agency ID:  676**13 
 ISL ID:  000000050583   Original UID: 171582 FIRST WORD: Department