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Violation Tracker Individual Record

Company: American General Life Insurance Company
Current Parent Company: American International Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $10,000
Year: 2020
Date: January 29, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $10,000 fine levied for failing to assess life insurance premiums in accordance with policy contracts, thereby overcharging 59 Washington consumers. RCW 48.05.280; RCW 48.18.180(1); RCW 48.18.190.
Level of Government: state
Action Type: agency action
Agency: Washington State Office of the Insurance Commissioner
Civil or Criminal Case: civil
Facility State: Washington
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.