Recently, a number of financial insurance institutions, such as Pacific Financial Insurance, Sunshine Financial Insurance, and Dadi Financial Insurance, have been fined by the supervisory authorities for preparing false financial data and using insurance terms and rates without approval without approval. Recently, the Shandong Regulatory Bureau of the State Administration of Financial Supervision and Administration issued an administrative penalty decision, imposing a total fine of more than 2.49 million yuan on Pacific Financial Insurance Shandong Branch, Heze, Jinan, Zaozhuang and Liaocheng Central Branches, and a number of related responsible persons. According to the ticket information, the main offenses of many branches of Pacific Financial Insurance in Shandong were failure to implement the registered insurance terms and prepare false financial information. As a result, the Shandong Regulatory Bureau of the State Financial Supervisory Administration fined the relevant agencies 1.81 million yuan; warned and fined the 14 responsible persons 684,000 yuan. Industry insiders said that unauthorized use of insurance terms and rates for unapproved cases would disrupt insurance product regulations and infringe on the legitimate rights and interests of insured consumers. At the same time, compiling false financial information is a common irregularity in financial insurance branches. Institutions use fictitious intermediary services to extract processing fees to pay various marketing expenses off account. Recently, many insurance institutions have been punished by the supervisory authorities for the above violations. Among them, Sunshine Financial Insurance Shenyang Central Branch was fined 1.03 million yuan, and various branches and individuals of Dadi Financial Insurance were fined a total of 670,000 yuan.

Recently, a number of financial insurance institutions, such as Pacific Financial Insurance, Sunshine Financial Insurance, and Dadi Financial Insurance, have been fined by the supervisory authorities for preparing false financial data and using insurance terms and rates without approval without approval. Recently, the Shandong Regulatory Bureau of the State Administration of Financial Supervision and Administration issued an administrative penalty decision, imposing a total fine of more than 2.49 million yuan on Pacific Financial Insurance Shandong Branch, Heze, Jinan, Zaozhuang and Liaocheng Central Branches, and a number of related responsible persons. According to the ticket information, the main offenses of many branches of Pacific Financial Insurance in Shandong were failure to implement the registered insurance terms and prepare false financial information. As a result, the Shandong Regulatory Bureau of the State Financial Supervisory Administration fined the relevant agencies 1.81 million yuan; warned and fined the 14 responsible persons 684,000 yuan. Industry insiders said that unauthorized use of insurance terms and rates for unapproved cases would disrupt insurance product regulations and infringe on the legitimate rights and interests of insured consumers. At the same time, compiling false financial information is a common irregularity in financial insurance branches. Institutions use fictitious intermediary services to extract processing fees to pay various marketing expenses off account. Recently, many insurance institutions have been punished by the supervisory authorities for the above violations. Among them, Sunshine Financial Insurance Shenyang Central Branch was fined 1.03 million yuan, and various branches and individuals of Dadi Financial Insurance were fined a total of 670,000 yuan.