Violation Tracker Individual Record

Company: 
Transamerica Insurance Co.
Current Parent Company: 
Aegon
Penalty: 
$11,200,000
Year: 
2013
Date: 
September 9, 2013
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Transamerica agreed to pay $11.2 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 Parent: 
Netherlands
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
Source of Data: 

Department of Insurance Announces a Multi-Million Dollar Settlement with Transamerica, Targeted News Service, September 9, 2013 (via Nexis).

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.