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Violation Tracker Individual Record

Company: American Security Insurance Co.
Current Parent Company: Assurant
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $6,300,000
Year: 2017
Date: August 11, 2017
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: American Security Insurance Co., a subsidiary of Assurant, Inc. agreed to provide $6.3 million in refunds to homeowners improperly charged for force-placed insurance policies. This was established by the audit agreed to in a November 2015 settlement.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
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: insurance
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.