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Violation Tracker Individual Record

Company: Senior Benefit Services of Kansas, LLC
Penalty: $900,000
Year: 2007
Date: August 14, 2007
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Secondary Offense: financial institution supervision failures
Violation Description: American Investors Life Insurance Co., AmerUS Life Insurance Co., and Senior Benefit Services, agreed to pay a total of $1.4 million as part of a settlement of allegations of multiple violations of state insurance regulations by the companies or by insurance producers under inadequate supervision.
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)
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.