Insurance Commissioner John W. Oxendine and the National Association of Insurance Commissioners (NAIC) announced today the release a new tool at https://eapps.naic.org/restitution/ to help military servicemembers research and recover compensation resulting from a 2006 multistate regulatory settlement agreement over life insurance sales practices to the military.

The settlement agreement was the culmination of a 20-month investigation led by the Georgia and Texas insurance departments that the American-Amicable companies violated insurance and consumer protection statutes in the sale and marketing of certain life insurance products to U.S. military servicemembers.