Violation Tracker Individual Record
Company:American Bankers Insurance Group Inc.
Date:December 19, 2001
Offense Group:consumer-protection-related offenses
Primary Offense:insurance violation
In 2001 American Bankers Insurance agreed to pay the $3 million portion of a 1998 settlement that had been stayed, after it was determined that the company had failed to completely implement the compliance plan tied to the 1998 agreement.
Level of Government:state
Action Type:agency action
Agency:Multistate Financial Regulators Case
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New York
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
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