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Violation Tracker Individual Record

Company: National Union Fire Insurance Company of Pittsburgh
Penalty: $13,900,000
Year: 2024
Date: March 19, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: NUFIC agreed to pay $5.6 million in penalties and $8.3 million in restitution settling allegations it issued blanket accident and health insurance policies that failed to satisfy minimum loss ratio standards and failed to address the inadequate performance of these blanket policies.
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.