Violation Tracker Individual Record

Company: 
Travelers Companies, Inc.
Current Parent Company: 
Travelers
Penalty: 
$5,000,000
Year: 
2018
Date: 
December 6, 2018
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

Travelers Companies, Inc. agreed to provide $5 million in supplemental financial assistance to current and former Travelers policyholders who filed claims and received awards to remediate their crumbling concrete foundations through the state's captive insurance program.

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: 
New York
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.