Life insurance company pursued by New Mexico officials

Insurance industry News

The insurer is currently at risk of being shut down if it doesn’t make its payments. Officials in New Mexico are currently working to collect over $100,000 from a life insurance company that has previously stated that it will not make payments to two deceased state employees who had been paying for this coverage. The insurer, which is based in Oregon, has stated that a lack of medical history form prevents the payment. According to Ed Burckle, the General Services Department Secretary, the reason that the life insurance company will…

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