Violation Tracker Individual Record

Company: 
American Bankers Insurance Company of Florida
Current Parent Company: 
Assurant
Penalty: 
$100,000
Year: 
2003
Date: 
February 24, 2003
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

American Bankers Insurance Company of Florida and American Bankers Life Assurance Company of Florida agreed to each pay a $100,000 civil penalty in settlement of allegations they violated various state insurance laws.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Minnesota Department of Commerce
Civil or Criminal Case: 
civil
Facility State: 
Minnesota
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
insurance
Specific Industry of Parent: 
financial services
Notes: 

No further information in the Consent Order

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.