Motorcycle Owners To Receive $2.8 Million In Refunds
The AG's Office has reached similar settlements with 15 other insurance companies since 2010 for a total of 17, returning more than
"This investigation began with a single consumer complaint, and has now resulted in the return of
According to the two settlements, both filed in
Under the terms of the assurances of discontinuance, Encompass will pay policyholders approximately
Together, Encompass and Amica are required to send out more than 10,000 refund checks before February, with an average check around
All 17 of the related motorcycle settlements stem from a complaint the AG's Office received from a consumer who owned a 1999 Harley-Davidson Road King Classic. In each year between 2003 and 2008, the consumer's insurance company calculated the consumer's premiums as if his 1999 Road King Classic were brand new and worth
In order to be eligible for a refund under AG Coakley's settlements, a consumer must have purchased comprehensive and/or collision insurance coverage for a motorcycle on or after
These matters were handled by the
TNS JF78JF-121205-4129089 EditorFurigay
Copyright: | (c) 2012 Targeted News Service |
Source: | Targeted News Service |
Wordcount: | 460 |
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