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Company: Travel Guard Group Inc.
Current Parent Company:
Zurich Insurance
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $23,997,500
Year: 2024
Date: December 9, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: insurance violation
Violation Description: The Travel Guard Group, previously owned by AIG and bought by Zurich Insurance in 2024, agreed to pay over $20 million to settle litigation alleging it charged improper fees to purchasers of travel insurance.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:21-cv-09751
Case Name: Miller et al v. Travel Guard Group, Inc. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data:
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Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.