Violation Tracker Individual Record

Company: 
Unitrin Inc.
Current Parent Company: 
Kemper
Penalty: 
$33,000,000
Year: 
2002
Date: 
May 2, 2002
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Secondary Offense: 
discriminatory practices (non-employment)
Violation Description: 

Unitrin reached a $33 million settlement with a group of states to resolve allegations that three of its subsidiaries -- United Insurance Company of America, Reliable Life Insurance Company, and Union National Life Insurance Company -- had in the past engaged in race-based premium practices.

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

UPDATE: UNITRIN AGREES TO SETTLE RACE-BASED CLAIMS, Bestwire, May 2, 2002 (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.