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Unfair insurance practices earn Wells Fargo a $1 billion fine

The banking giant’s latest penalties are for having sold unnecessary auto insurance to customers. Wells Fargo has been slapped with a $1 billion fine for…

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The Wells Fargo scandal continues to bite with 38,000 erroneous letters mailed

The auto insurance scam involved selling unnecessary coverage and now includes sending letters containing mistakes. The Wells Fargo scandal that rocked the financial services company…

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Wells Fargo insurance scheme brings lawsuit from customers

Borrowers forcibly made to purchase auto coverage they didn’t need are suing the bank for scamming them. Wells Fargo & Co has been accused of…

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Auto insurance laws in Minnesota change for 2016

Drivers should be aware of the new requirements and make sure to have their proof of coverage handy. For anyone in Minnesota who is getting…

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Auto insurance study identifies the worst drivers in the US

Recent research has identified Montana as being the state that has the worst drivers on its roads. As the Thanksgiving holiday weekend came to a…

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Auto insurance industry may be 40 percent of its current size in 25 years

In a quarter of a century, the car policy market could shrink by as much as 60 percent, says KPMG. A recent report issued by…