Violation Tracker Individual Record
: TravelersCompanies, Inc.
Current Parent Company
Parent at the Time of the Penalty AnnouncementPenalty
to see this data field
: December 28, 2007
: competition-related offenses
: price-fixing or anti-competitive practices
: Travelers agreed to pay $6 million to settle multistate litigation alleging that it participated in an intricate bid rigging scheme in which broker Marsh and McLennan pre-designated which insurance company's bid would win a particular account.
Level of Government
: agency action
: Multistate Attorneys General Case
Civil or Criminal Case
HQ Country of Current Parent
HQ State of Current Parent
: New York
Ownership Structure of Current Parent
: publicly traded
Major Industry of Current Parent
: financial services
Specific Industry of Current Parent
Source of Data
: Attorney General Martha Coakley Announces that Massachusetts will Receive $1.3 Million in Ten-State Settlement with Travelers Insurance, States News Service, December 28, 2007 (via Nexis).
: 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