Violation Tracker Individual Record

Company: 
Ameriprise Group
Current Parent Company: 
Ameriprise Financial
Penalty: 
$1,500,000
Year: 
2017
Date: 
January 30, 2017
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

The RiverSource subsidiaries of Ameriprise agreed to pay $1.5 million to settle multistate litigation regarding the use of the Social Security Administration's Death Master File.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Minnesota
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
financial services
Source of Data: 

$1.5 Million Life Claim Settlement Reached with Ameriprise Group, States News Service, January 30, 2017 (via Nexis).

Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.