Violation Tracker Individual Record
Company:American Modern Insurance Group Inc.
Date:April 28, 2015
Offense Group:consumer-protection-related offenses
Primary Offense:insurance violation
American Modern agreed to pay $12 million, with half suspended if it met certain conditions, to resolve a multistate examination that found potential charges in excess of approved rates for lender-placed products.
Level of Government:state
Action Type:agency action
Agency:Multistate Financial Regulators Case
Civil or Criminal Case:civil
HQ Country of Parent:Germany
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
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