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Dajia Property Insurance Xianyang Branch Binzhou Marketing Service Department Fined 1.75 Million Yuan for Inaccurate Financial Data
Blue Whale News, March 17 — Recently, the Shaanxi Regulatory Branch of the China Banking and Insurance Regulatory Commission issued a fine targeting Dajia Property & Casualty Insurance Co., Ltd. Xianyang Central Branch Binzhou Marketing Service Department and related responsible persons.
The fine states that the main illegal violation by Dajia Property & Casualty Insurance Co., Ltd. Xianyang Central Branch Binzhou Marketing Service Department is: false financial data.
In response to these violations, the Shaanxi Regulatory Branch of the China Banking and Insurance Regulatory Commission fined them 175,000 yuan; the person in charge, Yang Jianping, received a warning and a fine of 20,000 yuan.