Violation Tracker Individual Record
Company:RiverSource Life Insurance Co.
Date:June 22, 2015
Offense Group:consumer-protection-related offenses
Primary Offense:insurance violation
RiverSource agreed to pay a $800,000 administrative penalty in settlement of allegations that its claims handling procedures for life, accident, disability and long term care insurance did not comply with state regulations.
Level of Government:state
Action Type:agency action
Agency:California Department of Insurance
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:Minnesota
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:financial services
Source of Data:
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