Violation Tracker Individual Record

Company: 
American Bankers Insurance Company Of Florida
Current Parent Company: 
Assurant
Penalty: 
$170,000
Year: 
2011
Date: 
June 30, 2011
Offense Group: 
consumer-protection-related offenses
Primary Offense: 
insurance violation
Violation Description: 

$170,000 fine levied, $70,000 suspended, and compliance plan ordered for using unfiled rates, using rates other than those approved, doing business through insurance producers who were not properly licensed, and doing business through an unappointed agent. RCW 48.05.185; RCW 48.19.040; RCW 48.19.0...

Level of Government: 
state
Action Type: 
agency action
Agency: 
Washington State Office of the Insurance Commissioner
Civil or Criminal Case: 
civil
Facility State: 
Washington
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.