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Violation Tracker Individual Record

Company: National Western Life Insurance Co.
Current Parent CompanyNational Western Life
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $2,973,656
Year: 2014
Date: January 6, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Respondent's agent made misrepresentations in the sale of respondent's annuity products to New Jersey residents.
Level of Government: state
Action Type: agency action
Agency: New Jersey Department of Banking & Insurance
Civil or Criminal Case: civil
Facility State: New Jersey
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.