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BRIEF-NY DFS says Lincoln Financial paid policyholders $50.7 mln for lost insurance claims
March 7, 2017 / 6:43 PM / in 7 months

BRIEF-NY DFS says Lincoln Financial paid policyholders $50.7 mln for lost insurance claims

March 7 (Reuters) - New York State Department Of Financial Services:

* Lincoln Financial Group paid $50.7 million to beneficiaries of NY policyholders for lost insurance claims

* Settlement with DFS includes $1.5 million fine for unfair claims settlement practices in violation of NY insurance law Source text: (on.ny.gov/2naRqyj) (Bengaluru Newsroom: +91 806 749 1136)

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