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Violation Tracker Individual Record

Company: The Insurance Company of the State of Pennsylvania
Current Parent CompanyAmerican International Group
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $430,000
Year: 2015
Date: September 15, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Insurance Company of the State of Pennsylvania, a subsidiary of AIG, agreed to pay $430,000 to settle allegations that it sold unauthorized health insurance to consumers and failed to cover mandated benefits required by state law.
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: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.