News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
Lloyds Banking Group Plc may need to set aside 500 million pounds ($847 million) more to compensate consumers who were wrongly sold insurance on loans. That charge would come just days after Lloydss behavior was called reprehensible by Bank of England Governor Mark Carney and it was fined 226 million...
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