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Company: QBE Insurance
Current Parent Company:
QBE Insurance
Parent at the Time of the Penalty Announcement:
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Penalty: $375,000
Year: 2016
Date: September 7, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: QBE Insurance agreed to pay $375,000 plus restitution in settlement of allegations it improperly charged for force-placed insurance policies.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
HQ Country of Current Parent: Australia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
