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"Liberty Mutual companies are paying $928,042 in fines and restitution for overcharging customers, settling claims improperly and other violations of state law, the Connecticut Insurance Department said Tuesday," according to the Courant. Fines for violations totaled $296,000, while the company also was ordered to pay $632,042 in restitution, mostly to about 3,600 policyholders who were overcharged for premiums on auto insurance.
"It is imperative that consumers are treated fairly," said Insurance Commissioner Thomas Sullivan. "I am pleased that my staff was able to identify these violations, work with the company to provide restitution, and make a difference for policyholders."
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