Pacific Life Insurance Company controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
New York DFS fines Pacific Life $3 million
Fine or penalty
Pacific Life Insurance Co. agreed to pay a $3 million fine after a New York Department of Financial Services investigation found that it had conducted pension risk transfer business in New York without a license.
Source excerpt
Pacific Life Insurance Co. has agreed to pay a $3 million fine after a New York Department of Financial Services (DFS) investigation found that the firm had conducted pension risk transfer (PRT) business in the state without a license.
January 14, 2022