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Company: Ace American Insurance Co.
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: $141,500
Year: 2009
Date: June 8, 2009
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Violation: 31A-21-201(1) (a) In utilizing an application form in the marketing that had not .been files the Commissioner in its final form.
Level of Government: state
Action Type: agency action
Agency: Utah Insurance Department
Civil or Criminal Case: civil
Facility State: Utah
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:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.