Declarations

– Missouri Department of Insurance Director John M. Huff commented on his agency’s involvement in a pending consumer fraud lawsuit filed by Attorney General Chris Koster against service contract seller US Fidelis. US Fidelis sold motor vehicle extended service contracts, sometimes called auto extended warranties, which are regulated by the Department of Insurance. In addition to extended service contracts, US Fidelis sold additive product contracts. The Department’s involvement specifically targets what Koster calls the “additive scam,” in which US Fidelis and other companies sell an additive and promise repair coverage. Huff said by offering additive products, US Fidelis has been selling insurance without a state license.

Topics USA