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Violation Tracker Individual Record

Company: Unitrin Inc.
Current Parent Company: Kemper
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $33,000,000
Year: 2002
Date: May 2, 2002
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Secondary Offense: discriminatory practices (non-employment)
Violation Description: Unitrin reached a $33 million settlement with a group of states to resolve allegations that three of its subsidiaries -- United Insurance Company of America, Reliable Life Insurance Company, and Union National Life Insurance Company -- had in the past engaged in race-based premium practices.
Level of Government: state
Action Type: agency action
Agency: Multistate Financial Regulators Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: UPDATE: UNITRIN AGREES TO SETTLE RACE-BASED CLAIMS, Bestwire, May 2, 2002 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.