Allstate guarding profits scheme is the title of an article in the Miami Herald today. Seems pretty consistent with what I've said about insurance companies before. Some highlights: "Allstate is facing contempt charges in Missouri -- with a $25,000-a-day fine -- and now it can't sell new auto policies in Florida, in part, because it wants to protect a report written by a corporate consultant." "According to an attorney who has seen the report from consultant McKinsey & Co., it advises Allstate on how to improve profitability: pay less on claims and take a longer time to pay those claims."
No Surprise. CNN exposed Allstate. Sentry Insurance sued an 81-year-old woman for failing to shovel snow. State Farm, Nationwide, Allstate and USAA have been accused of trying to take advantage of Katrina Hurricane victims. And American Family Insurance has extreme profits, denies claims, is pro-tort reform, and pays "when pigs fly.".
Wisconsin Personal Injury Attorney
Showing posts with label CNN. Show all posts
Showing posts with label CNN. Show all posts
17.1.08
7.2.07
CNN exposes on insurance companies
Days ago I wrote how an insurer sued an 81-year-old for failing to shovel and showed other examples of what insurance companies want:
~ Premiums not claims
~ To deter valid lawsuits
~ People to hate lawyers so they never get one
~ You to feel guilt for making legitimate claims
~ You to think you're "not the kind of person who files a lawsuit"
~ Juries to think a person who files a suit is dishonest
~ Jurors minds made up before evidence is heard
~ Your rights minimized or removed
~ Their rights maximized and preserved
~ People to feel juries give away money
~ Verdicts for damages to be less then what is fair
~ Caps on damages to minimize your justice
~ Judges who will avoid holding them accountable
Anderson Cooper's 360 Blog for 2/7/07 is "Insurance companies fight paying billions in claims." CNN investigated "how Allstate handled the claim of one woman, Roxanne Martinez. Her car was hit in Santa Fe, New Mexico. Her medical bills and lost wages added up to $25,000. Allstate offered $15,000 to settle." No surprise. Allstate's one of the worst! See my Personal Injury Attorney in Wisconsin FAQs and you'll see Allstate's Claims Manual has shown personal injury attorneys settle claims for 2.5-3.5 times more than those who do not have lawyers.
The Blog goes on: "Martinez's case represents what 10 of the top 12 auto insurance companies are doing to save money. And if you are in a minor impact crash and get hurt, former insurance industry insiders say, insurance companies will most likely try doing the same thing to you: delay handling your claim, deny you were hurt and defend their decision in drawn-out court battles. It's the three Ds: delay, deny and defend." (emphasis added)
"Roxanne Martinez didn't take it. She sued (with a lawyer I presume) and a jury awarded her $167,000 dollars." "Allstate is betting you won't wait, you won't sue and you'll take what you get and walk-away." Don't you take it, just get a good personal injury lawyer.
Wisconsin Personal Injury Lawyer
~ Premiums not claims
~ To deter valid lawsuits
~ People to hate lawyers so they never get one
~ You to feel guilt for making legitimate claims
~ You to think you're "not the kind of person who files a lawsuit"
~ Juries to think a person who files a suit is dishonest
~ Jurors minds made up before evidence is heard
~ Your rights minimized or removed
~ Their rights maximized and preserved
~ People to feel juries give away money
~ Verdicts for damages to be less then what is fair
~ Caps on damages to minimize your justice
~ Judges who will avoid holding them accountable
Anderson Cooper's 360 Blog for 2/7/07 is "Insurance companies fight paying billions in claims." CNN investigated "how Allstate handled the claim of one woman, Roxanne Martinez. Her car was hit in Santa Fe, New Mexico. Her medical bills and lost wages added up to $25,000. Allstate offered $15,000 to settle." No surprise. Allstate's one of the worst! See my Personal Injury Attorney in Wisconsin FAQs and you'll see Allstate's Claims Manual has shown personal injury attorneys settle claims for 2.5-3.5 times more than those who do not have lawyers.
The Blog goes on: "Martinez's case represents what 10 of the top 12 auto insurance companies are doing to save money. And if you are in a minor impact crash and get hurt, former insurance industry insiders say, insurance companies will most likely try doing the same thing to you: delay handling your claim, deny you were hurt and defend their decision in drawn-out court battles. It's the three Ds: delay, deny and defend." (emphasis added)
"Roxanne Martinez didn't take it. She sued (with a lawyer I presume) and a jury awarded her $167,000 dollars." "Allstate is betting you won't wait, you won't sue and you'll take what you get and walk-away." Don't you take it, just get a good personal injury lawyer.
Wisconsin Personal Injury Lawyer
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