MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement
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| Udgivet i: | Insurance Journal (Jan 7, 2026) |
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| Hovedforfatter: | |
| Udgivet: |
Wells Media Group, Inc.
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| Fag: | |
| Online adgang: | Citation/Abstract Full Text |
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| Resumen: | In a lawsuit in state court, insurer MAPFRE contends that AAA Northeast's insurance agency has already begun selling auto insurance policies from its affiliated insurer, Motor Club Insurance Co. (MCIC), to its auto club members even though the exclusive joint marketing agreement (JMA) with MAPFRE is still in effect. According to MAPFRE, the JMA gives it the exclusive right to market and sell to AAA Northeast members using the AAA Emblem at preferential or discount pricing under the state's group insurance law until December 31, 2026. MAPFRE seeks damages and injunctive relief, asserting claims of breach of contract, breach of the implied covenant of good faith and fair dealing, unjust enrichment, tortious interference with advantageous business relationships, and violations of the state's consumer protection law (Chapter 93A) that prohibits unfair business practices. |
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| ISSN: | 0020-4714 |
| Fuente: | Accounting, Tax & Banking Collection |