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Violation Tracker Individual Record

Company: Crum & Forster Holdings Corp.
Current Parent Company: Fairfax Financial Holdings
Penalty: $3,727,272
Year: 2012
Date: March 30, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Eleven insurance companies and their subsidiaries agreed to pay a total of $41 million to settle litigation alleging they conspired to fix the price of commercial insurance. Court documents did not indicate how much each company would pay. Here we assume each parent paid an equal share of the total.
Level of Government: federal
Action Type: private litigation
Court: District of New Jersey
Civil or Criminal Case: civil
Case ID: 2:04cv5184 MDL 1663
Case Name: QLM Associates, Inc. v. Marsh & McLennan Companies, Inc. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Canada
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
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.