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Forethought Financial: Houston-based Company Repays California Clients $25 Million

Yikes — a Houston-based “end of life needs” insurance company will reimburse California beneficiaries $25 million, California State Controller John Chiang announced Monday. Chiang accused Forethought Financial Group of not paying death benefit, saying, “It’s a shameful betrayal of trust when this insurance company — either through wanton greed or…

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