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Company: National Union Fire Insurance Company Of Pittsburgh, Pa
Current Parent Company:
American International Group
Parent at the Time of the Penalty Announcement:
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Penalty: $300,000
Year: 2015
Date: May 11, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Fine levied for issuing blanket policies to 27 groups that were not eligible for blanket insurance; Issuing 53 policies with effective date of coverage prior to approval of the forms, or after the forms had been affirmatively disapproved by OIC; Selling accident policies to volunteer and professiona...
Level of Government: state
Action Type: agency action
Agency: Washington State Office of the Insurance Commissioner
Civil or Criminal Case: civil
Facility State: Washington
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.