Violation Tracker Individual Record

Company: 
Jefferson Insurance Company
Current Parent Company: 
Allianz
Penalty: 
$1,800,000
Year: 
2017
Date: 
December 12, 2017
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Jefferson Insurance agreed to make a $1.8 million administrative payment to a group of states as part of the resolution of issues raised during an examination of its market conduct relating to travel insurance.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Financial Regulators Case
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
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.