insurance premium financing News

Financing Firm to Pay $200K for Prematurely Cancelling Auto Policies in Mass.

An Illinois-based premium financing provider has agreed to pay $200,000 to resolve allegations that it illegally and prematurely cancelled certain financed auto insurance policies affecting nearly 200 Massachusetts customers. The agreement was announced Thursday by Massachusetts Attorney General Martha Coakley’s …

Premium Finance Firm to Pay $160K for Prematurely Canceling Mass. Auto Policies

A New York-based premium financing provider has agreed to pay $160,000 to resolve allegations that it illegally cancelled certain financed auto insurance policies affecting close to 100 Massachusetts customers, according to an announcement today by Massachusetts Attorney General Martha Coakley. …