Violation Tracker Individual Record

Company: 
Farmers Insurance
Current Parent Company: 
Zurich Insurance
Penalty: 
$25,000,000
Year: 
2021
Date: 
April 5, 2021
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

Attorney General Mike Hunter and Insurance Commissioner Glen Mulready announced a $25 million settlement with Farmers Insurance for the company's handling of earthquake claims.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Oklahoma Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Oklahoma
HQ Country of Parent: 
Switzerland
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.