Violation Tracker Individual Record
Company:John Hancock Life Insurance Company
Date:November 9, 2012
Offense Group:consumer-protection-related offenses
Primary Offense:insurance violation
John Hancock agreed to pay $13.3 million to settle multistate litigation concerning its procedures for identifying owners and beneficiaries of unclaimed proceeds.
Level of Government:state
Action Type:agency action
Agency:Multistate Financial Regulators Case
Civil or Criminal Case:civil
HQ Country of Parent:Canada
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
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