"Auto insurers fined over surcharges" by Todd Wallack | Globe Staff, March 28, 2013
Four auto insurance carriers have agreed to pay fines totaling at least $120,000 and issue refunds to Massachusetts drivers who were hit with costly surcharges even after a state board found they were not at fault for accidents, the attorney general’s office said Thursday.
The announcement comes just two months after another insurer, Metropolitan Property and Casualty Insurance Co., a unit of MetLife Inc. of New York, struck a similar deal with the attorney general’s office and agreed to pay at least $50,000 in penalties, plus an unspecified amount in refunds.
The latest deals, filed in Suffolk Superior Court this week, involve the Premier Insurance Co. of Massachusetts (better known as Travelers of Massachusetts, part of the Travelers Cos. of Hartford); Massachusetts Homeland Insurance Co. (part of Tower Group of New York); and Plymouth Rock Assurance Corp. and Plymouth Rock’s sister company, Pilgrim Insurance Co., both of Boston....
--more--"
Yeah, right, it was all a bunch of inadvertent glitches, uh-huh.
I'll remember that the next time the ATM spits out more money than I asked for. Funny how they are always so exact!
Related: Putting My John Hancock to This Post
