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Violation Tracker Individual Record

Company: Preferred Contractors Insurance Company Risk Retention Group LLC
Penalty: $35,000
Year: 2019
Date: June 20, 2019
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: $35,000 fine for accepting policy applications from an unlicensed producer and an unlicensed entity, and allowing SIS to act as its Managing General Agent without being appointed. The Company violated RCW 48.98.010(1); WAC 284-12-230; RCW 48.92.120(1); WAC 284-92-440(3); WAC 284-17-443(2); RCW 48.17...
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.