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Company: Farmers Insurance Company
Current Parent Company:
Zurich Insurance
Parent at the Time of the Penalty Announcement:
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Penalty: $10,975,000
Year: 2011
Date: September 29, 2011
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: insurance violation
Violation Description: Farmers agreed to pay up to $9.9 million to customers and over $1 million in legal fees to settle litigation alleging it improperly used consumer credit scores to increases premiums.
Level of Government: federal
Action Type: private litigation
Court: Western District of Oklahoma
Civil or Criminal Case: civil
Case ID: 5:03cv158
Case Name: Mobbs v. Farmers Ins Co Inc
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Switzerland
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):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.