Violation Tracker Individual Record
Company:State Farm Lloyds
Date:March 10, 2015
Offense Group:consumer-protection-related offenses
Primary Offense:insurance violation
A Texas subsidiary of State Farm was ordered to refund $352.5 million to residential property insurance premiums after the company's rates were found to be unreasonable in relation to the risks they covered.
Level of Government:state
Action Type:agency action
Agency:Texas Department of Insurance
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:Illinois
Ownership Structure of Parent:mutual
Major Industry of Parent:financial services
Specific Industry of Parent:insurance
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