Company Complaint Information
In compliance with California Insurance Code § 12921.1, the California Department of Insurance conducted a Consumer Complaint Study of all admitted insurance carriers. The company performance table provides the complaints determined by the department to require that corrective action be taken against the insurer, or leading to insurer compromise, or other remedy for the complainant, those that are found to be without merit, those with other outcomes, and justified complaints. Justified complaints often require additional review, as violations of California insurance laws may exist.
(TOTAL of Categories 1-3)
Complaints found to require corrective action, leading to insurer compromise, or other remedy for the complainant.
Complaints found to be without Merit.
Complaints with Other Outcomes
Violation StudyThe following table represents number and type of violations found, by reference to the line of insurance and law allegedly violated.
|Year||Line of Coverage||Law||Section||Summarized Description of Law||# of Alleged Violations|
|2015||Life/Annuity||CCR||2694a3||In contravention of own rules, policies, procedures, guidelines||1|
|2015||Life/Annuity||CCR||2694a4||In contravention of or inconsistent with policy/contracts||1|
|2015||Life/Annuity||CIC||790.02||Engaging in trade practice defined as unfair method of competition prohibited||1|
|2015||Life/Annuity||CIC||10509.4||Duties of agent accepting applications with statement & notice regarding replacement||1|
|2015||Life/Annuity||CIC||785||Senior Issue - duty of honesty, good faith, & fair dealing||2|
|2015||Life/Annuity||CIC||10509.914c||Insurer, producer shall not recommend replacement unless suitable and confers `substantial financial benefit'||3|
|2015||Life/Annuity||CIC||10509.8||Unnecessary life insurance replacement||3|
The information below is for complaints closed during the study period for this insurance company. The table provides the Justified Complaint Ratio, Market Share, Complaint Share, and Index for this company, grouped by the line of coverage the company was authorized to sell in this study period.