|
| American Family Mutual Insurance Co. |
| Madison, WI |
| Violation: Terminated agents without giving at least 90 days written notice. |
| Penalty: $2,000 fine |
| Date of Order: 07/26/2000 |
|
Final
|
|
| American General Life and Accident Insurance Co. |
| Houston, TX |
| Violation: Used racially discriminatory practices in the sale of industrial life and low value life insurance policies. |
| Penalty: $900 fine |
| Date of Order: 07/20/2000 |
|
Final
|
|
| Country Mutual Insurance Company |
| Bloomington, IL |
| Violation: Issued policies using unapproved rates. |
| Penalty: $20,000 fine. |
| Date of Order: 05/31/2000 |
|
Final
|
|
| Dairyland Insurance Co. |
| Stevens Point, WI |
| Violation: Failed to base an auto insurance total loss settlement offer on the local market area. |
| Penalty: $2,000 fine |
| Date of Order: 07/20/2000 |
|
Final
|
|
| Fortis Benefits Insurance Company |
| St. Paul , MN |
| Violation: Failed to advise a claimant of acceptance or denial of a claim within 30 days of receiving proof of loss. Failed to acknowledge and act promptly on a claim communication. Refused to pay a claim without conducting a reasonable investigation. |
| Penalty: $20,000 fine. |
| Date of Order: 06/08/2000 |
|
Final
|
|
| Nationwide Mutual Insurance Company |
| Columbus, OH |
| Violation: Failed to obtain a driver exclusion statement from an insured. Refused to provide a premium quote because of driving record information more than three years old. |
| Penalty: $10,000 fine. |
| Date of Order: 03/14/2000 |
|
Final
|
|
| SAFECO Insurance Company of Illinois |
| Seattle, WA |
| Violation: Failed to reply within 30 days after receiving a communication from a claimant. |
| Penalty: $2,000 fine. |
| Date of Order: 03/06/2000 |
|
Final
|
|
| State Accident Insurance Fund Corp. (SAIF) |
| Salem, OR |
| Violation: Engaged in certain unfair trade practices, including making misleading statements about a competitor. |
| Penalty: SAIF agreed to cease and desist from engaging in such unfair trade practices. SAIF will sponsor before June 2001 a seminar on workers' compensation insurance unfair trade practices open to Oregon licensed general insurance agents. |
| Date of Order: 07/20/2000 |
|
Final
|
