The Department of Financial Regulation says the Hartford Financial Services Group has agreed to pay more than $81,000 in restitution to Vermont customers whose auto insurance claims were improperly evaluated.
The department said Tuesday that it had determined that the company had inaccurately calculated the value of total vehicles losses for 77 claims between January 2009 and September 2011.
The Hartford Financial Services Group has agreed to institute new policies and procedures and mandatory training for all employees who handle such Vermont claims.
The department plans to do a follow-up exam in about a year.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings
Founder of Auto Parts Maker Charged With Fraud That Wiped Out Billions
Credit Suisse Nazi Probe Reveals Fresh SS Ties, Senator Says
Tesla Sued Over Crash That Trapped, Killed Massachusetts Driver