After Evidence Of Insurability Probes, DOL Reports Settlements With Life Insurers

(July 3, 2024, 9:06 AM EDT) -- WASHINGTON, D.C. — Saying in a news release that “[i]nvestigations into other life insurance companies’ practices surrounding evidence of insurability [EOI] are ongoing,” the U.S. Department of Labor (DOL) announced two settlements in which its investigations were resolved by life insurers’ agreements to follow certain procedures....