MetLife was hit with the largest New York
fine against an insurer — $ 50 million — to settle allegations that its international operations sold insurance in the state to multinational companies without proper licensing.
Not exact matches
Audits of
insurers in the state resulted in an additional $ 278,990 in consumer restitution and $ 873,000 in
fines and penalties
against insurers.
The CFPB imposed a massive
fine — $ 109 million —
against a mortgage company for sending referrals to mortgage
insurers that used its affiliated mortgage reinsurance business.