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Colucci Cheap Car Homeowners Commercial Truck Insurance Tampa Florida
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Now that hurricane Irma has passed and the we start the massive cleanup please beware of all the hurricane scammers who I guarantee you will be coming out in droves. Make sure you verify your contractor is licensed by the county. most importantly do not sign any insurance benefits to the contractor. Florida has a big problem with assignment of benefits abuse. If your foollish enough to do this you will be on the hook for the inflated price you know your homeowners company is not going to pay this unscruplous contractor. If your not sure if the contractor you hire is legitimate, give me a call and I will check on the county website for you.
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Cheap Car Insurance if your looking to save money on your car insurance please go to our website for a cheap car insurance quote www.colucci-insurance.com you will receive a cheap car insurance quote 24 hours a day and have the ability to purchase cheap car insurance online.
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Democrats want answers from Wells Fargo regarding their Auto Insurance Sales Practice: Democrats Want to Question Wells Fargo on Auto Insurance Sales
By Patrick Rucker | August 3, 2017

Democratic lawmakers pushed on Tuesday for another chance to question Wells Fargo & Co.’s leadership about sales practices after the scandal-hit bank said it forced auto insurance on borrowers who did not need it.

Democrats on the Senate Banking Committee asked its Republican leaders in a letter to summon Wells Fargo Chairman Stephen Sanger and Chief Executive Tim Sloan.

That letter accompanied one sent by Representative Maxine Waters, the top Democrat on the House Financial Services Committee, who wants to know how Wells Fargo wrongly charged roughly 570,000 customers for auto insurance they did not ask for or need, leading to unwarranted delinquencies and car repossessions.

Unwanted auto insurance is the latest wrinkle in a months-long scandal over sales practices at Wells Fargo, where employees also created as many as 2.1 million deposit and credit card accounts in customers’ names without their permission.

“Members should have the opportunity to question Mr. Sloan about the bank’s progress in addressing the damage it did to its customers,” said the Senate letter, signed by Democrats including ranking member Sherrod Brown.

A spokeswoman for Wells Fargo said the bank looked forward to answering questions from Washington.

“Wells Fargo understands and is committed to addressing policymaker concerns,” said Jennifer Dunn. “We are committed to fixing these mistakes and earning back trust.”

Employees have said they created unauthorized accounts to hit sales goals handed down by management. The creation of fake accounts and misplaced insurance charges went on for years before the bank’s management took action.

After Wells Fargo reached a $190 million settlement with regulators over the fake accounts in September, its then-Chairman and CEO John Stumpf appeared before both committees to face questions from lawmakers at heated hearings. He left the bank shortly after, to be replaced by Sloan and Sanger.

Whether Stumpf’s successors will be hauled before Congress publicly is uncertain. Only Republicans can summon witnesses, since that party controls Congress.

The senate letter urged Idaho Senator Mike Crapo, who chairs the banking panel, to call a Wells Fargo hearing in September.

Democrats want to know how the auto insurance and unauthorized accounts practices went on undetected, and Wells Fargo plans to compensate customers who were wrongly charged for insurance, according to the letter.

(Reporting by Patrick Rucker; Editing by Meredith Mazzilli and Tom Brown)

Copyright 2017 Reuters. Click for restrictions.
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Tampa Auto Insurance save on your Car Insurance. Low Down Payments and E-Z monthly payments receive an auto insurance quote and purchase car insurance online 24 hours a day by visiting our website www.colucci-insurance.com
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