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Market regulation · 21/06/1995

Western National Life Insurance Company, et al. Announce Settlement with the U.S. Department of Justice Regarding Allegations of Misleading Marketing Practices

Western National Life Insurance Company, along with several other insurance companies, has agreed to pay a total of $1.4 million to settle allegations that they misled policyholders about the costs and risks associated with certain life insurance products, according to a recent notice filed with the U.S. Securities and Exchange Commission (SEC) on October 10, 2023.

Source: Federal Register — SECOpen original release →