Bloomberg News Reveals Insurance Secrets to Obscene Profits

From the Mississippi Gulf Coast to the Mid-West to California, insurance companies routinely low ball claims estimates at a time when policyholders are most vulnerable. Bloomberg News recently published Home Insurers' Secret Tactics Cheat Fire Victims, Hike Profits, a riveting and insightful article that disclosed the industry's dirty, unknown secrets.

''Fighting an insurance company is like staring down the wrong end of a cannon,'' Dr. Bennett said after fighting his insurance company.

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Miss. Insurance Commissioner Finds Self in Political Harm's Way

by Ana Maria

Once again, Mr. Foot-in-Mouth Diseased Insurance Commissioner of the State of Mississippi--George Dale--has implied that the majority of Americans ought to move. That's right, George Dale thinks that the 55% of Americans whom the U.S. National Oceanic and Atmospheric Agency reported live within 50 miles of our nation's gloriously beautiful coastlines should move from our homes, families, communities, places of worship, jobs, and friends . . . and that if we don't, then--by George--we get what we deserve from the worst of Mother Nature.

Oh, George, you are such a horse's patoot!  

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Democrats Shame, Skewer Insurance Shills

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Eloquent, down home as well as brutally truthful and direct in a classy manner, Congressman Gene Taylor (D-MS) shamed 6 witnesses who testified at the House of Representatives' Subcommittee hearing on Housing and Community Opportunity. Each of these witnesses asserted that from the perspective of the insurance industry, the status quo was good enough. One after the other with painful repetition in this four hour subcommittee meeting that I watched online, each of these corporate shills reiterated the same talking points with a single goal in mind: protect the status quo.

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Bookies, Pimps, and Insurance Companies

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The insurance industry has a great scam of a gravy train going on with home and business owners. Think about it. Collect the premiums, deliberately fail to pay out the claims, pocket the profits, leave town, reduce the coverage, increase the premiums, repeat.

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