Advisory - Commissioner Jones announces legal action against life insurers to protect 50,000 policyholder
EMBARGOED UNTIL: June 12, 2018 at 10 am
SACRAMENTO, Calif. — The California Department of Insurance is taking legal action against Accordia Life and Annuity Company and Athene Annuity and Life Company for failing to service over 50,000 policies issued to California consumers and imperiling the benefits to which consumers are entitled.
WHO: California Insurance Commissioner Dave Jones
WHEN: June 12, 2018 10 a.m.
WHERE: CDI Sacramento
300 Capitol Mall, Suite 1600
Sacramento, CA 95814
DIAL IN: (800) 288-8967 (credentialed media only)
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Media Notes:
- Commissioner Jones will take media questions following his announcement.
- Livestream:
- Digitized replay of conference call scheduled to begin June 12, 2018, at 12 p.m. and end on June 19, 2018. To listen to the replay, dial 800-475-6701 (U.S.), 320-365-3844 (International) Access code: 450570
