Violation Tracker Individual Record
Company:
Depositors Insurance Company
Current Parent Company:
Nationwide
Penalty:
$10,000
Year:
2017
Date:
December 26, 2017
Offense Group:
consumer-protection-related offenses
Primary Offense:
insurance violation
Violation Description:
$10,000 fine for issuing cancellation notices to consumers that lacked the specific reason for the cancellation. RCW 48.18.290; WAC 284-30-570.
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:
Ohio
Ownership Structure of Parent:
mutual
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.
