Penn Mutual Suspends Sale of Life Insurance and Annuities in New York

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Insurance Pro Blog - Aug 22, 2019

In a statement made by CEO Eileen McDonnell and President Dave O'Malley, Penn Mutual announced it will suspend the sale of its life insurance and annuity contracts in the state of New York. The suspension comes in two phases.   Phase number one affects the sale of annuities.  Effective August 30, 2019, Penn Mutual will no […] The post Penn Mutual Suspends Sale of Life Insurance and Annuities in New York appeared first on The Insurance Pro Blog.

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