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Violation Tracker Individual Record

Company: The Signal, LP, an Assurant Company
Current Parent CompanyAssurant
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $2,800,000
Year: 2020
Date: August 20, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: The Signal, LP, agreed to pay $2.8 million in settlement of allegations it failed to provide adequate disclosures on insurance offerings and bundled insurance with service contracts or other non-insurance benefits. The allegations also included the use of an unauthorized insurer by its parent Assurant, Inc.
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: New York
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)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.