State Treasurer’s Office Collects $3.7 Million in Unclaimed Life Insurance Funds
After fighting both court and legislative battles over life insurance companies who balked at turning over unclaimed funds, State Treasurer John Perdue’s office saw such firms surrender $3.7 million in fiscal year 2016 to the Unclaimed Property Division. That number is precisely half of the $7.4 million comprising all types of insurance-related reports in fiscal 2016, which…