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Company: ACE Limited
Current Parent Company:
Chubb Limited
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $9,000,000
Year: 2007
Date: May 14, 2007
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Level of Government: state
Action Type: agency action
Agency: Pennsylvania Attorney General
Civil or Criminal Case: civil
Facility State: Pennsylvania
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: Pennsylvania Attorney General Corbett Announces Settlement With ACE Insurance Company; PA to Receive $9 Million, PR Newswire, May 13, 2007 (via Nexis).
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.