The Connecticut state legislature failed to pass a bill requiring Homeowners coverage for collapsing foundations, but there may be some hope on the horizon.
The plan for buybacks and a possible fix covers car owners, the U.S. government and 44 states and will cost the company about $15.3 billion if the agreements are fully adopted.
Checks are expected to trickle down this fall to U.S. owners of some 482,000 Golfs, Beetles, Jettas, and Passats, as well as Audi A3 sedans sold with engines that violate emissions standards.
A buyers market for coverage and strong growth in renewable energy, particularly in solar and wind power, provides opportunity for agents and brokers looking to grow their book.
VWs legal woes are far from over, as evidenced by the states suits and ongoing criminal probes, despite its $15.3 billion settlement with regulators and customers in June.