Acting Pennsylvania Insurance Commissioner Teresa Miller announced today that nearly 5,000 consumers in the state received $66.8 million in restitution payments or credits through the restoration of stolen funds, the payment of denied or underpaid claims, and the refunding of overcharged premiums during the first quarter of 2015.
“My Administration is committed to protecting consumers across the commonwealth,” said Governor Tom Wolf. “These types of predatory practices will not be tolerated on my watch. Families should always get the coverage they deserve at the prices they have agreed to pay.”
“Pennsylvanians spend hard earned money to protect their families by purchasing many types of coverage, including life, home, auto, and health insurance. The state has a competitive insurance market, which is good for consumers, because competition increases options and holds down prices,” added Acting Secretary Miller. “But, if a customer is victimized by an unscrupulous insurance producer or an unfair business practice, the PA Insurance Department will do everything possible to make that consumer whole.”
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