Violation Tracker Individual Record

Company: 
Great American Insurance Co.
Current Parent Company: 
American Financial Group
Penalty: 
$176,000
Year: 
2009
Date: 
May 14, 2009
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Great American agreed to pay $60,000 to Analog Devices, Inc. and $116,000 to the Commonwealth in settlement of allegations it submitted a fake and intentionally uncompetitive insurance quote to Analog Devices as part of a plan to ensure American International Group won the insurance renewal. In return another insurance policy was offered to them at a pre-determined price.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Massachusetts Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Massachusetts
HQ Country of Parent: 
USA
HQ State of Parent: 
Ohio
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.