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Violation Tracker Individual Record

Company: Privilege Underwriters Reciprocal Exchange
Current Parent CompanyTokio Marine
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $20,000
Year: 2020
Date: June 3, 2020
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $20,000 fine levied for using incorrect rating factors in 576 instances. RCW 48.19.040(6)
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: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.