California Reports $1.2 Billion in Premium Refunds in Response to COVID-19

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Insurance Information Institute - Jul 01, 2020

Insurers refunded $1.2 billion to California policyholders as of June 26, according to actuarial firm Perr & Knight. The California Department of Insurance (CDI) ordered the refunds to drivers and businesses in the state affected by the COVID-19 emergency. The companies were required to file...

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