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.