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Violation Tracker Individual Record

Company: State Farm Fire and Casualty Company
Current Parent Company: State Farm Insurance
Penalty: $30,000,000
Year: 2010
Date: October 29, 2010
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: insurance violation
Violation Description: State Farm agreed to pay $30 million to settle litigation alleging it charged inflated premiums on homeowners insurance.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of North Carolina
Civil or Criminal Case: civil
Case ID: 4:09cv31
Case Name: Pettet et al v. State Farm Fire and Casualty Company
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: mutual
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.