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Company: Jackson National Life Insurance Co.
Current Parent Company:
Jackson Financial
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $2,500,000
Year: 2015
Date: December 17, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Jackson National Life agreed to pay $2.5 million to settle multistate litigation regarding its 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 Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: Multimillion Dollar Death Master Settlements Reached, States News Service, December 17, 2015 (via Nexis).
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.