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GEICO Returns $10.5 Million to New Jersey Policyholders

The New Jersey Department of Banking and Insurance has ordered GEICO to return more than $10.5 million in wrongfully-charged premium back to policyholders. The department also issued a penalty of $1.2 million to GEICO and its affiliates for improper business …

GEICO Returns $10.5 Million to New Jersey Policyholders

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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10 Wednesday AM Reads

My mid-week morning reads: • I went to Mexico to test-drive the cars Americans can’t buy: Mexico is a showroom for electric cars, with a growing fleet of sleek new vehicles from Chinese brands…

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