Mutual of Omaha to pay $1.5M in kickback case
The insurer settled with the Connecticut Attorney General’s Office following an investigation into its practices.
Mutual of Omaha (Neb.) Insurance Co. yesterday settled with the Connecticut Attorney General’s Office following an investigation into the insurer’s practices in selling single-premium group annuities to pension plan sponsors.
The insurer will pay $1.5 million into a restitution fund for
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