Violation Tracker Individual Record
Company:
Unum Insurance Co.
Current Parent Company:
Unum
Penalty:
$250,000
Year:
2008
Date:
April 28, 2008
Offense Group:
competition-related offenses
Primary Offense:
kickbacks and bribery
Violation Description:
Metropolitan Life Insurance, Prudential Insurance Co. and Unum Insurance Co. agreed to pay a total of $1.1 million in settlement of allegations by three California District Attorneys that they paid illegal rebates to a brokerage firm to obtain business.
Level of Government:
local
Action Type:
agency action
Agency:
California Multi-Jurisdiction Case
Civil or Criminal Case:
civil
Private Lawsuit Resolution Type:
settlement
Facility State:
California
Facility County:
multi-county
HQ Country of Parent:
USA
HQ State of Parent:
Tennessee
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.