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Company: Infinity Insurance Co. et al.
Current Parent Company:
Kemper
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $600,000
Year: 2005
Date: August 22, 2005
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Infinity Insurance Co., Infinity National Insurance Co., and Infinity Select Insurance Co. agreed to pay a $600,000 penalty in settlement of allegations their driver's insurance underwriting practices violated state law.
Level of Government: state
Action Type: agency action
Agency: California Department of Insurance
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
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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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.