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Violation Tracker Individual Record

Company: Clear Blue Insurance Company
Penalty: $110,000
Year: 2023
Date: June 1, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: In consent order Clear Blue Insurance Company settled allegations from the Texas Department of Insurance that a targeted market conduct examination found violations of Texas law and that for at least four years, Clear Blue appointed and contracted with a licensed general lines agency to act as its managing general agent in its homeowners line of business without the agency having the authority to do so. Clear Blue agreed to pay an administrative penalty of $110,000.
Level of Government: state
Action Type: agency action
Agency: Texas Department of Insurance
Civil or Criminal Case: civil
Facility State: Texas
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.