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Violation Tracker Individual Record

Company: Liberty Mutual Insurance Co.
Current Parent CompanyLiberty Mutual Insurance
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $2,000,000
Year: 2010
Date: December 30, 2010
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Violation Description: Liberty Mutual Insurance Co. agreed to pay $2 million to settle allegations it paid secret commissions to insurance brokers for preferential access to clients.
Level of Government: state
Action Type: agency action
Agency: Connecticut Attorney General
Civil or Criminal Case: civil
Facility State: Connecticut
HQ Country of Current Parent: USA
HQ State of Current Parent: Massachusetts
Ownership Structure of Current Parent: mutual
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
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.