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Violation Tracker Individual Record

Company: Golden Rule Insurance Company
Current Parent Company: UnitedHealth Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $600,000
Year: 2002
Date: June 18, 2002
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Golden Rule agreed to pay forfeitures of $275,000 and $385,000 in penalties for lack of cooperation to a group of states to resolve alleged violations in its advertising practices.
Level of Government: state
Action Type: agency action
Agency: Multistate Financial Regulators Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Minnesota
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: insurance; managed care
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.