Monday, February 27, 2012

Variable Annuity Contract Thief Gets 10-Year Sentence ? Hartford and Nationwide Life Insurance Companies

In October 2011, a former Agent for Hartford and Nationwide Life Insurance companies pled guilty to charges of theft and received a 10-year prison sentence. By Matthew J. Ryan?s own admission, he exploited weaknesses in the insurance companies? practices and procedures in order to steal from the variable annuity contracts Hartford and Nationwide issued to [...]

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