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Company: Nationwide Property and Casualty Insurance Company et al.
Current Parent Company:
Nationwide
Parent at the Time of the Penalty Announcement:
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Penalty: $180,000
Year: 2023
Date: March 10, 2023
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Nationwide agreed to pay $180,000 in settlement of allegations it had wrote policies without the knowledge or consent of the policyholders.
Level of Government: state
Action Type: agency action
Agency: Maryland Insurance Administration
Civil or Criminal Case: civil
Facility State: Maryland
HQ Country of Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: mutual
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.