Violation Tracker Individual Record
Company:Farmers Insurance Exchange
Date:July 14, 2016
Offense Group:consumer-protection-related offenses
Primary Offense:insurance violation
Farmers Insurance agreed to provide $117.5 million in rate reductions to holders of homeowners insurance policy to resolve a long-running case alleging that it had overcharged customers.
Level of Government:state
Action Type:agency action
Agency:Texas Department of Insurance
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:California
Ownership Structure of Parent:privately held
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
Source Notes:If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.