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Company: American Family Mutual Insurance Co.
Current Parent Company:
American Family Insurance
Parent at the Time of the Penalty Announcement:
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Penalty: $1,950,000
Year: 2022
Date: January 11, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: American Family agreed to pay $1.95 million in settlement of allegations made by 18 States' regulatory bodies of errors in application of demerit points in insurance processing.
Level of Government: state
Action Type: agency action
Agency: Multistate Financial Regulators Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Wisconsin
Ownership Structure of Current Parent: mutual
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.