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Violation Tracker Individual Record

Company: Symetra Life Insurance Company
Current Parent CompanySumitomo Group
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $80,000
Year: 2019
Date: August 30, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $80,000 fine levied for issuing forms to insureds that were not filed with or approved by the Insurance Commissioner, using rates not in accordance with its approved filings, and offering illegal rebates in 41 instances. RCW 48.30.140(1); RCW 48.18.100(1); and RCW 48.18.100(5); RCW 48.19.010(2).
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: diversified
Specific Industry of Current Parent: diversified
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.