Violation Tracker Individual Record
Company:
Guardian Life Insurance Company of America
Current Parent Company:
Guardian Life Insurance
Penalty:
$500,000
Year:
2009
Date:
March 3, 2009
Offense Group:
consumer-protection-related offenses
Primary Offense:
discriminatory practices (non-employment)
Violation Description:
To resolve a case involving allegations of unfair health insurance reimbursement rates, Guardian Life agreed to pay $500,000 to a qualified nonprofit organization that would establish a new, independent database to help determine fair out-of-network reimbursement rates for consumers throughout the United States.
Level of Government:
state
Action Type:
agency action
Agency:
New York Attorney General
Civil or Criminal Case:
civil
Facility State:
New York
HQ Country of Parent:
USA
HQ State of Parent:
New York
Ownership Structure of Parent:
mutual
Major Industry of Parent:
financial services
Specific Industry of Parent:
insurance
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.
