Four Companies to Reimburse Drivers to Settle Allegations of Auto Insurance Overcharges
Targeted News Service |
Four auto insurance companies have settled allegations that they overcharged consumers relating to auto insurance surcharges that were overturned by the state's
The settlements with The Premier Insurance Company of
"Our investigation has revealed troubling defects in the policy processing systems used by auto insurance companies," AG Coakley said. "While we are pleased to have secured the return of these overcharges for
The AG's Office began its investigation after receiving a complaint from a Met P&C customer whose surcharge had been vacated by the
The Commonwealth's
Since 2003, the
Under the terms of the settlements, the four insurance carriers will engage in audits supervised by the
The AG's Office is continuing to evaluate other auto insurance companies' surcharge practices. Consumers who paid surcharge premium to a carrier that was not refunded or was not fully refunded after the surcharge was vacated by the
The
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