Nationwide To Pay $5.6M After NY Investigates Annuity Swaps
By Ben Zigterman ( May 20, 2022, 4:51 PM EDT) -- Nationwide Life Insurance Co. has agreed to pay about $5.6 million in penalties and restitution after the New York State Department of Financial Services found that it didn't properly inform customers about the impact of switching to lower-paying retirement policies....
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