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Advanced SearchViolation Tracker Individual Record
Company: Loyal American Life Insurance Company
Penalty: $100,000
Year: 2019
Date: July 29, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $100,000 fine levied for implementing a commission practice that was unfairly discriminatory towards consumers over the age of eighty years, and by implementing commission schedules that were inconsistent with the commission schedules submitted in two rate filings, the Company violated RCW 48.01.030
Level of Government: state
Action Type: agency action
Agency: Washington State Office of the Insurance Commissioner
Civil or Criminal Case: civil
Facility State: Washington
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.