Consumer Tools

Order 24-0182

Order Summary

$25,000 fine levied by having a rating system error that affected the business income loss costs for terrorism and following fire premium, and having an underwriting rating system error that affected the internal loss scale factor, the Companies violated RCW 48.19.040(1) and (6), justifying the imposition of a fine under RCW 48.05.185.

Entities Named in the Order

Entity Name	Location
AMERICAN CASUALTY COMPANY OF READING, PENNSYLVANIA	RADNOR, PA
CONTINENTAL CASUALTY COMPANY	CHICAGO, IL
CONTINENTAL INSURANCE COMPANY THE	RADNOR, PA
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD	CHICAGO, IL
TRANSPORTATION INSURANCE COMPANY	CHICAGO, IL
VALLEY FORGE INSURANCE COMPANY	RADNOR, PA

Order Documents

Order Type	Issue Date	Effective Date
Consent Order with Fine	08/07/2024	09/25/2024

Get help

Consumer Advocacy

Call: 800-562-6900
(8:30 a.m. to 4:30 p.m., Monday - Friday)
Form: Ask an insurance expert