Fifth Third Bank to Pay $5M Fine for Illegally Forcing Car Insurance Onto Borrowers - Health Insurance Plans

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Thursday, 11 July 2024

Fifth Third Bank to Pay $5M Fine for Illegally Forcing Car Insurance Onto Borrowers

Fifth Third Bank agreed this week to pay a $5 million fine for illegally forcing vehicle insurance onto borrowers who had coverage. Fifth Third also agreed to pay a $15 million fine for illegal sales practices. The Cincinnati, Ohio-based bank …


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