Liberty Mutual's fines are tied to misleading advertising conducted in the First State. (Photo by BillionPhotos.com/Adobe Stock)

Liberty Mutual fined $300K for misleading insurance ads in Delaware

Jarek RutzHeadlines, Business

Delaware insurance regulators have fined Liberty Mutual $300,000 following an investigation that revealed tens of thousands of misleading advertisements promising discounts that weren’t actually available to state residents. The Delaware Department of Insurance announced the penalty after a months-long examination of three Liberty Mutual member companies: Liberty Insurance Corporation, Liberty Mutual Personal Insurance Company, and LM Insurance Corporation. In addition …