Violation Tracker Individual Record

Company: 
Allstate Insurance Co.
Current Parent Company: 
Allstate
Penalty: 
$34,000,000
Year: 
2005
Date: 
June 27, 2005
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Allstate agreed to pay $4 million and provide an estimated $30 million in policy credits and premium returns to settle allegations of various unfair practices such as failing to charge the lowest premium for which a policyholder qualified upon renewal.

Level of Government: 
state
Action Type: 
agency action
Agency: 
California Department of Insurance
Civil or Criminal Case: 
civil
Facility State: 
California
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 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.