California Insurance Commissioner Tells Auto Insurers to Disclose Pandemic Profits

Auto insurance

California’s insurance commissioner ordered nearly 50 auto insurers on Thursday to provide detailed information about their claim costs during the pandemic, his latest attempt to compensate consumers he claims were overcharged when the nation’s largest insurance market imposed the first U.S. coronavirus stay-at-home order. California’s major insurers have 30 days to respond, according to Commissioner… Continue reading California Insurance Commissioner Tells Auto Insurers to Disclose Pandemic Profits