$10M Penalty in Wells Fargo California Case, Can’t Do New Business Till at Least 2020

Wells Fargo has agreed to pay a $10 million penalty as part of a settlement agreement with the California Department of Insurance. The settlement with the CDI, announced on Wednesday, resolves the department’s accusation alleging improper insurance sales practices related …

from News – Insurance Journal http://bit.ly/2BXzlgf
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