Violation Tracker Individual Record

Company: 
Hanover Insurance Co.
Current Parent Company: 
Hanover Insurance
Penalty: 
$415,000
Year: 
2009
Date: 
August 11, 2009
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

The Massachusetts Appeals Court affirmed that Hanover Insurance Co. must pay the Commonwealth $415,000, the amount not recovered from a theft of millions of dollars from the Treasurer's office in 1999. Hanover was the provider of employee dishonesty bonds requiring it it reimburse the Commonwealth for any losses incurred as a result of employee theft but contested its obligation in court.

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: 
Massachusetts
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.