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Violation Tracker Individual Record

Company: W.R. Berkley Corp.
Current Parent CompanyW.R. Berkley
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $3,015,000
Year: 2017
Date: March 22, 2017
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: W.R. Berkley Corp., Admiral Risk Insurance Services, and Admiral Insurance agreed to pay a total of $12 million ($6 million suspended) in penalties, plus costs, in settlement of allegations they violated state regulations related to surplus lines brokerage licensing requirements.
Level of Government: state
Action Type: agency action
Agency: California Department of Insurance
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: USA
HQ State of Current Parent: Connecticut
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.