The company has paid a $20 million settlement to settle charges that it concealed data about claims from customers and covered up a collapse of its auto insurance business, according to court documents filed in federal court in New York.The settlement, announced Thursday, resolves a class action lawsuit filed in November by former Encore customers…
Tag: insurance news today
‘Pizza’ insurance plans for pregnant women
A pizza insurance plan has been created by a pregnant woman who wants to make sure she doesn’t lose her coverage as her husband works full-time in a restaurant.Louise Williams has a new policy which she says covers her pregnancy and her medical expenses while she is a member of the Pizza Industry Association.Ms Williams…
UK to launch pilot scheme to allow online purchases of new cars
New Scientist article The UK will launch pilot schemes to allow people to buy new cars using their smartphones, as part of a wider programme to give consumers more choice.Under the pilot scheme, motorists can buy a car in person and pay for it online.They can then transfer their car, paying a minimum of £10…