MetLife will pay a $50,000 penalty and refund an undetermined amount of money to customers to settle allegations it imposed costly surcharges on Massachusetts drivers who were found not at fault in auto accidents. In detailing an agreement reached with Metropolitan Property & Casualty Insurance Company, state attorney general Martha Coakley said Tuesday that some customers who filed accident claims were improperly penalized even after a state appeals board had ruled they were not responsible for causing the crashes. Honeywell International Inc. has agreed to pay $4 million to a settle a contract dispute involving an energy savings program with the City of Quincy, the office of Massachusetts Attorney General Martha Coakley said. The contract was issued under a state law, and according to Honeywell, part of the dispute turned on whether the installation of water meters falls within the state’s definition of an energy-conservation measure. Coakley argued that water meters are not covered by that definition. Honeywell claims that they are. In any case, Honeywell agreed to settle. The Massachusetts Pension Reserves Investment Management Board, which is also known as PRIM, said Tuesday that it is hiring Michael R. Bailey to oversee management of its private equity portfolio. When he joins PRIM next month, Bailey, a 26-year veteran of the investment industry, will have the title of senior investment officer, director of private equity. Private equity investments make up about 10 percent of the $51 billion PRIM portfolio. Moontoast, a Boston firm that specializes in e-commerce and in social media marketing and analytics, said Tuesday that it has raised $5 million in Series B financing. The Martin Companies LLC of Nashville led the round, with participation from other previous investors. Dune Medical Devices, a Framingham company specializing in the early detection of breast cancer, is relocating to Boston’s Seaport District, said a broker involved in the transaction. The broker is Cassidy Turley, a commercial real estate services firm. Cassidy Turley said that Dune Medical Devices has signed a lease for space at 25 Thomson Place. A stronger housing market and robust consumer spending should help the economy heading into 2013, Federal Reserve Bank of Boston chief Eric Rosengren is expected to say at a speech in Providence Tuesday morning, while also cautioning against too much “fiscal austerity” by the federal government. Rosengren is scheduled to make his first economic policy speech of the new year before the Greater Providence Chamber of Commerce. Uno Chicago Grill, the Boston-based chain of 143 restaurants, has a new ad campaign developed by Forge Worldwide. The Boston ad agency has created a television campaign in support of the introduction of Uno’s new Family size, takeout-only pizzas which includes a ‘Two for $19.99” initial price. | 
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