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Violation Tracker Individual Record

Company: Libre by Nexus, Inc.
Penalty: $5,515,000
Year: 2020
Date: July 16, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Libre by Nexus agreed to pay $15,000 in costs and issue $5.5 million in credits to California program participants who were in debt to the company (and $420 refunds to customers who did not owe money), in settlement of allegations it transacted immigration bonds in the state without licensing and only provided contracts in English that may have been misunderstood by participants.
Level of Government: state
Action Type: agency action
Agency: California Department of Insurance
Civil or Criminal Case: civil
Facility State: California
Source of Data: (click here)
Source Notes: 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.