Violation Tracker Individual Record

Company: 
Citicorp Insurance Agency, Inc., Citicorp Investment Services, and SBHU Life Agency, Inc.
Current Parent Company: 
Citigroup
Penalty: 
$2,000,000
Year: 
2010
Date: 
December 21, 2010
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
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 Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
banking & securities
Specific Industry of Parent: 
financial services
Source of Data: 

CITIGROUP INSURANCE AGENCIES PAY $2,000,000 FINE, States News Service, December 21, 2010 (via Nexis).

Notes: 

At the time of this case the agency was known as the New York Insurance Department.

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.