Consumer group may have uncovered an auto insurance pricing scheme

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Advocacy groups claims to have found information regarding a pricing scheme within the auto insurance sector The Consumer Federation of America, a prominent consumer advocacy group, has raised the alarm on what it believes to be a pricing scheme in the auto insurance sector. The organization suggests that insurers are employing a practice called “price optimization” to drive up insurance premiums for drivers. The Consumer Federation of America claims to have uncovered this practice when investigating rate filings from some of the country’s largest auto insurance companies. Insurers may be…

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