CONSENT AGREEMENTConsent Agreement • May 29th, 2024
Contract Type FiledMay 29th, 2024The Insurance Division of the Department of Business Regulation (the “Department”) enters into this Consent Agreement to resolve its concerns with Respondents stemming from a consumer complaint and the Department’s subsequent investigation into the solicitation and sale of particular annuities. The Department has determined to resolve this matter, after investigation and instituting administrative proceedings, but before a full hearing on the matter could be conducted by entering into this Consent Agreement. And it is hereby agreed by and between the Department and the above-named Respondents as follows: