Liberty Mutual Pays $300,000 Penalty for Misleading Delaware Consumers
Source: Wgmd
After a lengthy investigation, the Delaware Department of Insurance announces that Liberty Mutual has paid a penalty of $300,000 across three member companies – with an express stipulation that an additional $200,000 must be paid if conduct is not immediately remedied. The main activities under review – the companies' advertisement of potential premium discounts to auto and homeowners' insurance consumers – in spite of not offering such discounts in Delaware. Insurance Commissioner Trinidad Navarro says it's not the first time the company has been investigated for this issue.Additional...