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National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.
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News
South Korea slashes Tongyang Life data penalty after regulatory rethink
2+ day, 19+ hour ago (663+ words) South Korea’s top financial regulator has reduced a proposed 140 billion won penalty against Tongyang Life Insurance to 7 billion won, following a legal reinterpretation of how the insurer shared customer data with its own sales arm. The decision sits within a…...