MILAN (Reuters) – Italy’s competition authority AGCM fined insurance groups UnipolSai and Generali 5 million euros ($5.10 million) each for allegedly carrying out unfair commercial practices, the authority said on Tuesday.
According to the watchdog, the two companies behaved in a way that considerably restricted the consumer’s freedom of choice with regards to compensation for motor insurance claims.
($1 = 0.9799 euros)
(Reporting by Claudia Cristoferi, editing Federico Maccioni)
