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Company: John Hancock Life Insurance Co.
Current Parent Company:
Manulife Financial
Parent at the Time of the Penalty Announcement:
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Penalty: $3,000,000
Year: 2011
Date: May 19, 2011
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: John Hancock Life agreed to pay $3 million to settle multistate litigation regarding its use of the Social Security Administration's Death Master File.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: Canada
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: John Hancock Pays $3M in Settlement, States News Service, May 19, 2011 (via Nexis).
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.