The New York insurance company that wrote policies for 800,000 questionable Wells Fargo auto loans has been dragged into the bank’s latest scandal. National General Insurance was named in a class-action lawsuit filed against the bank — for allegedly unduly profiting from $80 million in collateral protection insurance that the drivers didn’t need — and...
NYS Entity Status
NYS Filing Date
OCTOBER 29, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - FISCHER SALTIEL INSURANCE SERVICES LLC
AROUND THE WEB
- NY insurance company dragged into Wells Fargo scandal
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- Wells Fargo Subpoenaed Over Alleged Insurance Scheme That Resulted In 25,000 Vehicle Repossessions
By Ashlee Kieler - Wednesday Aug 2, 2017
Less than a week after a report alleged, and Wells Fargo admitted, to charging its auto loan customers for unnecessary and unwanted insurance, the bank has been subpoenaed by New York state banking and insurance regulators over the matter. Reuters reports that the New York Department of Financial Services sent subpoenas to two of Wells Fargo’s banking units today in …
- 25,000 Wells Fargo Customers Lost Vehicles After Bank Charged For Unwanted Insurance
By Ashlee Kieler - Friday Jul 28, 2017
Nearly 25,000 Wells Fargo customers, including many servicemembers, lost their vehicles after failing to pay for unneeded, unwanted insurance the bank charged them for, according to a new report suggests. The New York Times reports that a 60-page internal report prepared for Wells Fargo executives details the bank’s latest customer service fiasco involving hundreds of thousands of people who were …