Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: ACE American Insurance Company
Current Parent CompanyChubb Limited
Parent at the Time of the Penalty Announcement subscribe to see this data field
Recap of Ownership Changes subscribe to see this data field
Penalty: $250,000
Year: 2015
Date: February 18, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: workers compensation: failed to timely pay death benefits to eligible beneficiaries; Failed to timely pay interest on accrued death benefits; Failed to timely take action on a request for burial benefits; Failed to timely and accurately notify TDI-DWC of actions taken on a claim
Level of Government: state
Action Type: agency action
Agency: Texas Department of Insurance
Civil or Criminal Case: civil
Facility State: Texas
HQ Country of Current Parent: Switzerland
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)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.