Violation Tracker Individual Record
Company:American Security Insurance Co.
Date:April 3, 2019
Offense Group:consumer-protection-related offenses
Primary Offense:consumer protection violation
American Security Insurance Co. agreed to pay in settlement of allegations it mischaracterized Hurricane Katrina wind damage as flood damage to avoid having to pay out on insurance policies, which caused the state to pay extra financial assistance.
Level of Government:state
Action Type:agency action
Agency:Mississippi Attorney General
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:New York
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
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