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Company: American Progressive Life and Health Insurance Company of New York
Current Parent Company:
Centene
Parent at the Time of the Penalty Announcement:
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Penalty: $260,000
Year: 2019
Date: September 17, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: The Department of Financial Services fined American Progressive Life and Health Insurance Company of New York $260,000 for rescinding certain life insurance policies without the consent of policyholders.
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: USA
HQ State of Current Parent: Missouri
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: managed care
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.