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California tells auto insurers to disclose pandemic profits

Por: Associated Press Health September 30, 2022

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SACRAMENTO, Calif. (AP) — California’s insurance commissioner on Thursday ordered nearly 50 auto insurers to provide detailed information about their claim costs during the pandemic, his latest attempt to compensate consumers he says were overcharged as traffic virtually disappeared when the nation’s largest insurance market imposed the first U.S. coronavirus stay-home order. Commissioner Ricardo Lara gave California’s major insurers 30... + full article



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