Violation Tracker Individual Record

Company: 
UnumProvident Corporation
Current Parent Company: 
Unum
Penalty: 
$17,400,000
Year: 
2006
Date: 
November 1, 2006
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
consumer protection violation
Violation Description: 

UnumProvident agreed to pay $15.5 million in restitution and $1.9 million in penalties to resolve an investigation of deceptive practices in its compensation of brokers and consultants in connection with the sale of group insurance products.

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: 
Tennessee
Ownership Structure of Parent: 
publicly traded
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.