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Regulators fine Loya Insurance for improper ads

By Washington Examiner
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AUSTIN, Texas (AP) — Texas regulators have fined Loya Insurance Co. $300,000 for what investigators call unfair and deceptive business practices.

The Department of Insurance also says Loya failed to file accurate information on rates for its 210,000 drivers in Texas. The company has been ordered to provide details on how rates and discounts are determined.

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