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Pact OKd on Equity Overseer duties in Cal and Ill
California and Illinois insurance departments approve an agreement transferring operations of Equity Funding Life Insurance to Illinois while California preserves California assets and records. The move follows seizures by California and Illinois officials after fraud allegations involving Equity Funding Corp. of America.
MENTIONED IN THIS ARTICLE
Cal.Il
Pact Okd
Los Angeles
Equity Funding Life
Equity Funding Corp. of America
District Court
Securities and Exchange Commission
Illinois Insurance Department
Gleeson J. Payne
California
Equity Funding
Life
Fred A. Mauck
Ilinois
Illinois
Elmhurst