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Company: Ace American Insurance Company et al.
Current Parent Company:
Chubb Limited
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $50,000
Year: 2008
Date: September 4, 2008
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: workers compensation
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: DIVISION OF WORKERS COMPENSATION ANNOUNCES ENFORCEMENT ACTIONS FOR JUNE THROUGH OCTOBER, 2008, States News Service, January 8, 2009 (via Nexis).
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.