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Health & Lifestyle
Submitted by Lion hill (not verified) on Sun, 08/30/2009 - 6:03pm.
Most insurance companies are not hurting at all. Instead of insuring us when disaster happens they continue to line their pockets by denying claims or downgrading them. Insurance adjusters are trained to try to settle the case for the least amount of money as possible, commonly taking advantage of people not as knowledgeable as them. They are in the business of making money not paying it out. Come on they insure people all over the U.S. Surely not every state is having a disaster. How many times have you actually used your insurance over the past ten years? Most people don't have to use it at all, so that's profit minus little overhead which mainly are office workers and computers spitting out bills. The actual reason some insurance companies may be hurting is they spent their surplus profits by taking high risk investments which are not paying off.
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