State Attorney General Martha Coakley announced settlement agreements with Safety Insurance Company, Liberty Mutual Insurance Company and Quincy Mutual Fire Insurance Company over allegations the companies overcharged customers.

The three companies were allegedly using incorrect motorcycle values to calculate insurance premiums. Insurers are supposed to use current book values to calculate collision and comprehensive premiums but the three companies allegedly used values that were above book value. To read the rest of the article: http://www.motorcycle.com/news/insurance-refunds-for-massachusetts-bikers-89201.html