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Violation Tracker Individual Record

Company: Geico Marine Insurance Company
Penalty: $150,000
Year: 2024
Date: January 8, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Geico Marine agreed to pay a $150,000 fine in settlement of allegations it failed to include the amount due on nonpayment of premium cancellation notices sent to policyholders pursuant to Insurance Law Section 3425(c)(2)(A).
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.