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Violation Tracker Individual Record

Company: American General Assurance Co.
Penalty: $125,000
Year: 2002
Date: May 20, 2002
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: American General agreed to pay a $125,000 civil penalty in settlement of allegations it violated state insurance law by failing to pay claims, failing to process claims correctly, failing to keep correct records, using unlicensed agents, incorrectly calculating refunds, and making deceptive claims in brochures.
Level of Government: state
Action Type: agency action
Agency: Minnesota Department of Commerce
Civil or Criminal Case: civil
Facility State: Minnesota
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.