Violation Tracker Individual Record

Company: 
Safeco Insurance Company
Current Parent Company: 
Liberty Mutual Insurance
Penalty: 
$900,000
Year: 
2013
Date: 
November 15, 2013
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Safeco Insurance Company agreed to pay a $900,000 fine and reform its approval process to resolve allegations that it used unapproved credit scores to deny homeowners coverage and that it failed to follow its own approved rating guidelines.

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: 
Massachusetts
Ownership Structure of Parent: 
mutual
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.