Violation Tracker Individual Record

Company: 
Liberty Mutual Insurance Co.
Current Parent Company: 
Liberty Mutual Insurance
Penalty: 
$2,000,000
Year: 
2010
Date: 
December 30, 2010
Offense Group: 
competition-related offenses
Primary Offense: 
kickbacks and bribery
Violation Description: 

Liberty Mutual Insurance Co. agreed to pay $2 million to settle allegations it paid secret commissions to insurance brokers for preferential access to clients.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Connecticut Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Connecticut
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.