Violation Tracker Individual Record
Company:
Stewart Title Guaranty Co.
Current Parent Company:
Stewart Information Services
Penalty:
$1,000,400
Year:
2007
Date:
August 28, 2007
Offense Group:
consumer-protection-related offenses
Primary Offense:
insurance violation
Secondary Offense:
kickbacks and bribery
Violation Description:
Stewart Title agreed to pay a $1,000,400 penalty in settlement of allegations its captive reinsurance agreements constituted unfair competition, deceptive practices, and unlawful rebates, along with allegations of filing false statements.
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:
Texas
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
financial services
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.
