Travellers fine for a mistake
The passenger Corporation has paid $ 64500 fines for mistakes when setting prices in the automobile and homeowners policy five subsidiaries, the government announced Connecticut.
Mistakes have been during a routine audit by the insurance department, checks to see how insurers treatment of customers. The report was prepared on the basis of a review of policy for the year 1990.
The traveler to pay fines have been undertaken: Charter Oak fire insurance, $ 15000; Phoenix insurance, $ 12000; compensation travellers Company, $ 15000; compensation travellers Company of America, $ 14500, and the traveler Indemnity Company of Rhode Island, $ 8000
Some passengers “offences against overloading or containing undercharging customers for personal car and homeowners insurance. In many cases, errors in auto insurance prices occurred because the incorrect coding in ‘enterprise system.
In other cases, it failed to passenger safety, he promised reductions for cars with restrictions liabilities. The company said that they repay all the inhabitants have received Connecticut, it should discount.
Passengers, said in a letter to Commissioner Robert Googins insurance last week, she has made considerable progress in improving service for customers and agents who are not in the department of the magazine.
For samples of different sizes, the division of insurance to find 12.5 per cent to 35 per cent of the private car were mispriced policy.
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