New York Regulator Subpoenas Wells Fargo Over Unwanted Auto Insurance By Karen Freifeld | August 3, 2017 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 5 Comments August 3, 2017 at 1:32 pm Not Enough says: Like or Dislike: 0 0$80M for 570,000 customers = $140. Reply August 3, 2017 at 2:39 pm Agent says: Like or Dislike: 3 1Wells Fargo has stepped in it big time. Time to break this bank up and arrest the perps for this fraud. Reply August 3, 2017 at 3:11 pm Dan Colucci says: Like or Dislike: 3 0Great idea letting banks sell insurnace. Reply August 3, 2017 at 5:16 pm Agent says: Like or Dislike: 0 2Some also sell single interest Flood Insurance to protect themselves, but not the customer. Reply August 3, 2017 at 10:07 pm okt0ber says: Like or Dislike: 0 0Force placed insurance isn’t for the customer, it’s for the bank when the customer fails to get their own insurance. Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
$80M for 570,000 customers = $140.
Wells Fargo has stepped in it big time. Time to break this bank up and arrest the perps for this fraud.
Great idea letting banks sell insurnace.
Some also sell single interest Flood Insurance to protect themselves, but not the customer.
Force placed insurance isn’t for the customer, it’s for the bank when the customer fails to get their own insurance.