Auto Premium Discounting - What Insurers Need to Know
The California Insurance Commissioner issued a Bulletin last week accusing some of the largest auto insurers of improperly “collect[ing] inflated premiums” from California policyholders during the ongoing COVID-19 pandemic. That pronouncement comes closely on the heels of several class action lawsuits filed against auto insurers in Nevada state court attacking the size of auto insurers’ premium refunds and discounts during the pandemic. Maynard’s Insurance & Financial Services Practice is following these events closely and stands ready to assist you as needed. Click here to read more on the history, status, and future direction of these cases.
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This Client Alert is for information purposes only and should not be construed as legal advice. The information in this Client Alert is not intended to create and does not create an attorney-client relationship.
About Maynard Nexsen
Maynard Nexsen is a full-service law firm with more than 550 attorneys in 24 offices from coast to coast across the United States. Maynard Nexsen formed in 2023 when two successful, client-centered firms combined to form a powerful national team. Maynard Nexsen’s list of clients spans a wide range of industry sectors and includes both public and private companies.
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