Violation Tracker Individual Record

Company: 
American Bankers Life Assurance Company of Florida et al.
Current Parent Company: 
Assurant
Penalty: 
$750,000
Year: 
2008
Date: 
December 22, 2008
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

American Bankers Life Assurance Company of Florida, American Bankers Insurance Company of Florida, American Reliable Insurance Co., American Security Insurance Co., Standard Guaranty Insurance Co., Union Security Life Insurance Co., Voyager Life Insurance Co. and Voyager Property and Casualty Insurance Co. agreed to pay $750,000 in penalties in settlement of multiple violations of insurance regulations when dealing with claims and disclosures.

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: 
New York
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.