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Violation Tracker Individual Record

Company: UnumProvident Corp. et al.
Current Parent Company: Unum
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $700,000
Year: 2006
Date: December 13, 2006
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: UnumProvident Corporation, Provident Life and Accident Insurance Company and Unum Life Insurance Company of America agreed to pay $700,000 in costs in settlement of allegations they violated insurance regulations by failing to disclose details of compensation and contingent compensation for the Producer representing the policyholder.
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: Tennessee
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
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.