BOSTON The number of consumer complaints to financial companies, including banks, credit bureaus, debt collectors, rose dramatically in 2020. A new report from the Massachusetts Public Interest Research Group (MASSPIRG) Education Fund found the number one problem consumers in Massachusetts face is credit companies failure to investigate existing problems, such as errors on credit reports. Deirdre Cummings, consumer program director for MASSPIRG, pointed to the Trump administration s weakening of consumer protections. .
By Christian Wade Staff Writer Feb 18, 2021
Feb 18, 2021
Lawmakers and consumer advocates are renewing a call to require auto insurance companies to reduce monthly premiums, arguing that the industry has reaped big profits during the pandemic and drivers can use a break on their bills.
State Sen. Barry Finegold, D-Andover, is among those demanding the state Division of Insurance to review insurance rates, premiums and losses, and require insurers to refund premiums out of their excess profits.
âDrivers are effectively being punished for heeding public health guidelines and staying off the roads,â Finegold said. âAuto insurance companies have made windfall profits during 2020 because of reduced driving activity. As bills pile up, residents deserve and need additional relief on their insurance premiums.â
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Single-use plastics clog our waste stream; pollute our waterways; kill shore birds, fish, turtles and other wildlife; and threaten human health, but the last attempt to do anything meaningful about