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Violation Tracker Individual Record

Company: Lincoln Heritage Life Insurance Company
Penalty: $30,000
Year: 2019
Date: November 21, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $30,000 fine levied for accepting 2,833 life insurance applications from an unlicensed and unappointed agency insurance producer and paying a commission, service fee, or other valuable consideration to such unlicensed agency. RCW 48.05.140(9); RCW 48.17.160(2); RCW 48.17.490(1).
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.