Wells Fargo Settles for $386 Million in Auto Insurance Suit – The Truth About Cars

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Wells Fargo & Co. will pay customers at least $386 million to settle class-action claims that the bank signed them up for auto insurance they did not want or need when they took out car loans.

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Wells Fargo agrees to settle auto insurance lawsuit for US$386m Sat, Jun 08, 2019 – 7:16 AM Wells Fargo has reached a US$386 million deal to settle a class-action lawsuit brought by customers who say the bank forced them to buy unnecessary auto insurance, putting to rest one of its many legal problems.

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Wells Fargo Settles for $386 Million in Auto Insurance Suit – The Truth About Cars Wells Fargo will reportedly pay customers a minimum of $386 million to settle class-action claims that the bank covertly signed customers up for auto insurance they did not want or need.