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Liberty Mutual to refund $4M to Louisiana policyholders after overcharges

(The Center Square) — Liberty Mutual will refund approximately $4 million to around 138,000 Louisiana policyholders after overcharging them on a state-mandated insurance assessment, according to Louisiana Insurance Commissioner Tim Temple.

The overcharges stemmed from an error in which Liberty Mutual failed to update the Louisiana Citizens Property Insurance Corporation Emergency Assessment percent…

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