Liberty Mutual Group

Order
Thursday, October 14, 2010
Docket No. 10-096-I

Nature of the Proceedings:

Settlement Agreement and Consent Order
 
Violations:
  1. Resolution of all outstanding issues in administrative contested case, BISHCA Docket No. 09-001-I involving Department Regulation 79-2.
  2. Satisfaction of outstanding administrative penalty and order in BISHCA Docket No. 09-096-I.
  3. Resolution of all issues raised by various market conduct exams of certain Respondent companies, including violation of 8 V.S.A. § 4723 by reason of 8 V.S.A 4724 (9). (Vermont Insurance Trade Practices Act)
 
Action taken:
 
Administrative penalty payment of $199,466.00
Payment of the Department’s costs of $35,534.00
 
AttachmentSize
Order-10-096-I179.64 KB

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