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Stock impact report

Direct Auto Insurance Announces Policyholder Credit to Support Customers Amid COVID-19

NATIONAL GENERAL HOLDINGS CORP (NGHC) 
Last national general holdings corp earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nationalgeneral.com/investor-relations
Company Research Source: GlobeNewswire
NASHVILLE, Tenn., April 29, 2020 (GLOBE NEWSWIRE) -- To assist customers impacted by COVID-19, Direct Auto Insurance affiliates are giving their personal auto insurance policyholders a 15% credit on their April premiums. Policyholders do not have to take any action to receive the credit. The credit will apply automatically to any auto policy that is active through April 30, 2020, subject to state regulatory approvals. This credit is in addition to other substantial COVID-19 billing relief efforts currently in place for those who demonstrate financial need and may vary in different states. Agent commissions will not be negatively impacted by this April premium credit. “During these uncertain times, we're doing everything we can to help ease customers' concerns about paying their policies,” said Aaron Kuluk, Executive Vice President, Direct to Consumer Distribution for Direct Auto Insurance. “That’s why we’re giving back through this premium credit and offering different relief opti Show less Read more
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