California threatens penalties over insurers’ stalling tactics against car insurance buyers
5 months ago
2
California’s insurance commissioner is warning of a possible crackdown against insurers that fail to offer and sell auto insurance to the state’s good drivers.
Commissioner Ricardo Lara said this week that the insurance department has received “numerous” consumer complaints about waiting periods, questionnaires and other insurer practices that could violate state laws, as CalMatters detailed in a recent story. Lara issued a bulletin threatening enforcement action against insurance companies as a result, and asking insurers to contact the Insurance Department’s legal division if they have questions.
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