Bankers Life To Pay $10.6M Over Unlicensed Broker Activity
According to the Maine Office of Securities, Bankers Life, a CNO Financial Group unit, will pony up $9.9 million to be disbursed among the states where it had dual agents between 2005 and 2011. In addition to Maine, those states are New Hampshire, Vermont and Missouri.
Additionally, the insurance company has agreed to pay...
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