Violation Tracker Individual Record

Company: 
Privilege Underwriters Reciprocal Exchange
Current Parent Company: 
Tokio Marine
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 Parent: 
Japan
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.