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Violation Tracker Individual Record

Company: Investors Preferred Life Insurance Company
Penalty: $125,000
Year: 2023
Date: May 12, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: IPL agreed to pay $125,000 penalty in settlement of alleged office and records violations found in a market conduct examination.
Level of Government: state
Action Type: agency action
Agency: South Dakota Division of Insurance
Civil or Criminal Case: civil
Facility State: South Dakota
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.