Posted on 04/06/20
| News Source: FOX News
“It is real dollars we expected to pay out this year and no longer have to pay out, American Family COO Telisa Yancy told the Wall Street Journal. “We are sharing it back right now when our customers probably most need it.”
According to the journal, American Family customers drove 40 percent fewer miles in the last three weeks of March, resulting in fewer claims.
Allstate estimated the program at $600 million, while American Family said it will return approximately $200 million to its customer base. Read more at FOX NEWS