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Violation Tracker Individual Record

Company: The Equitable Life Assurance Society of the United States
Current Parent Company: Equitable Holdings
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $1,600,000
Year: 2003
Date: August 14, 2003
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: The Equitable Life Assurance Society of the United States agreed to pay $1.6 million in settlement of allegations it misleadingly sold certain life insurance policies.
Level of Government: state
Action Type: agency action
Agency: Florida Office of Financial Regulation
Civil or Criminal Case: civil
Facility State: Florida
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: investment management
Source of Data: (click here)
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.