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Violation Tracker Individual Record

Company: Life Insurance Company of North America
Current Parent CompanyCigna
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $600,000
Year: 2009
Date: September 29, 2009
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: The California Department of Insurance reached a $600,000 settlement agreement with Life Insurance Company of North America (LINA) to resolve allegations of disability insurance claims handling violations from February 2005 through June 20, 2006. In addition to the fine, LINA agreed to make changes in its claims handling policies and procedures, and to review previously closed claims to determine if additional benefits were due.
Level of Government: state
Action Type: agency action
Agency: California Department of Insurance
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: insurance; managed care
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.