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Violation Tracker Individual Record

Company: Allstate Texas Lloyd's
Current Parent Company: Allstate
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $71,300,000
Year: 2008
Date: May 13, 2008
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: The Texas Department of Insurance and Allstate reached an agreement to give residential policyholders in the state about $71.3 million in refunds, credits and rate reductions in order to end what had been a lengthy dispute with regulators about rates and timing issues.
Level of Government: state
Action Type: agency action
Agency: Texas Department of Insurance
Civil or Criminal Case: civil
Facility State: Texas
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: Allstate Reaches Deal With Texas Over Homeowners Rates, Bestwire, May 13, 2008 (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.