Italy's antitrust fines UnipolSai, Generali over unfair commercial practices

UnipolSai Assicurazioni SpA

09/08/2022 07:02

MILAN, Aug 9 (Reuters) - Italy's competition authority AGCM
fined insurance groups UnipolSai  US.MI  and Generali  GASI.MI 
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)
 ((Claudia.Cristoferi@thomsonreuters.com; +39 3480848422;))