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Company: American Strategic Insurance Corp
Current Parent Company:
Progressive
Parent at the Time of the Penalty Announcement:
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Penalty: $10,000
Year: 2018
Date: May 31, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $10,000 fine for flood insurance applications from producers that did not complete the required National Flood Insurance Program training. RCW 48.17.153(1); RCW 48.17.153(2); WAC 284-17-220; WAC 284-17-224(3).
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 Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.