Violation Tracker Individual Record

Company: 
Liberty Life Insurance Company of Greenville, S.C.
Current Parent Company: 
Athene Holding
Penalty: 
$3,075,950
Year: 
2005
Date: 
December 20, 2005
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Liberty Life Insurance agreed to pay over $3 million to resolve multistate allegations that it failed to pay premium taxes.

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