Violation Tracker Individual Record

Company: 
Golden Rule Insurance Company
Current Parent Company: 
UnitedHealth Group
Penalty: 
$600,000
Year: 
2002
Date: 
June 18, 2002
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Golden Rule agreed to pay forfeitures of $275,000 and $385,000 in penalties for lack of cooperation to a group of states to resolve alleged violations in its advertising practices.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Financial Regulators 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: 
healthcare services
Specific Industry of Parent: 
insurance; managed care
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.