Tag: Department of Financial Services

Regulation January 14, 2022

Pacific Life Fined for Unlicensed Pension Risk Transfers in New York

The insurance firm will pay a $3 million fine for unauthorized PRT business conducted in the state.

Asset Allocation April 15, 2020

Athene Fined $45 Million for Unlicensed Pension Risk Transfers

New York regulator said the firm illegally entered into 14 risk transfer deals.