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Violation Tracker Individual Record

Company: American Casualty Company Of Reading, Pennsylvania et al.
Current Parent Company: Loews Corp.
Penalty: $462,338
Year: 2021
Date: August 12, 2021
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Secondary Offense: tax violations
Violation Description: American Casualty Company of Reading, Pennsylvania, Continental Casualty Company, The Continental Insurance Company, National Fire Insurance Company of Hartford, Transportation Insurance Company, and Valley Forge Insurance Company agreed to pay a $150,000 penalty and $312,338 unpaid taxes in settlement of allegations they overcharged policyholders leading to a tax collection shortage.
Level of Government: state
Action Type: agency action
Agency: Louisiana Department of Environmental Quality
Civil or Criminal Case: civil
Facility State: Louisiana
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
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.