OFAC has issued a Finding of Violation to AXA Equitable Life Insurance Company (AXA) for violations of the Foreign Narcotics Kingpin Sanctions Regulations, 31 C.F.R. part 598 (FNKSR). From December 3, 2009 to approximately May 11, 2011, AXA facilitated and/or processed payments and maintained two health insurance policies in which one or more Specially Designated Nationals (SDNs) had an interest. For more information on this action, please visit the following web notice.
Separately, OFAC has issued a Finding of Violation to Humana, Inc., the parent company of Kanawha Insurance Company (“Kanawha”), for violations of the Foreign Narcotics Kingpin Sanctions Regulations, 31 C.F.R. part 598 (FNKSR). From December 3, 2009 to approximately May 11, 2011, Kanawha facilitated and/or processed payments and serviced two health insurance policies in which one or more SDNs had an interest. For more information on this action, please visit the following web notice.