NatGen ensnared by latest Wells Fargo scandal

A Wells Fargo plan to refund $80mn to consumers hit by redundant
auto insurance charges may not affect carrier National General
Holdings, which provided the bank with lender-placed cover for
vehicles used as collateral for loans.Any premiums that resulted from duplicate coverage were promptly
returned to the bank, New York-based NatGen said after reports
surfaced late yesterday indicating the lender had charged hundreds
of thousands of auto loan customers for insurance they did not
need.Wells Fa