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Violation Tracker Individual Record

Company: Allstate Life Insurance Company of New York
Current Parent Company: Allstate
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $196,250
Year: 2021
Date: July 10, 2021
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Allstate agreed to pay a $196,250 fine in settlement of allegations it failed to examine the Disclosure Statements and ascertain that they are accurate, included all required disclosures, and met the requirements of Insurance Regulations.
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
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.