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Violation Tracker Individual Record

Company: Developers Surety And Indemnity Company
Penalty: $10,000
Year: 2018
Date: March 23, 2018
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $10,000 fine levied and ordered to refund overcharges plus simple interest of 8% per annum to consumers within 90 days for applying incorrect proprietary loss costs which resulted in the overcharging and undercharging of consumer policies, thereby violating RCW 48.19.040(1), RCW 48.19.040(6)
Level of Government: state
Action Type: agency action
Agency: Washington State Office of the Insurance Commissioner
Civil or Criminal Case: civil
Facility State: Washington
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.