Fla. says 2 cos. misled military personnel

Adams, Michael H.
September 1998
National Underwriter / Life & Health Financial Services;9/14/98, Vol. 102 Issue 37, p54
Reports that the Florida Insurance Commission has charged American Fidelity Life Insurance Co. and Trans World Assurance Co. of misleading military personnel in marketing a life insurance policy. Collection of monies through a payroll deduction scheme after policyholders terminated coverage; $200 million lawsuit filed by the federal government; Companies' defense of their conduct in a joint statement.


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