For those of you that don't lesson to the advertising of independent
agents/agencies you might want to read this article. Too big to fail is
proving to be not so so to the point that they are considering
shrinking some of those "too big to fail." Insurance companies are no
different. Some are too big and uses that size to manipulate their
business model.
Naturally, insurance companies are in the
business to make money. However, as with every business there is an
underlying moral and ethical obligation that apparently escapes big
business like healthcare industry and the legal professional and now the
insurance industry. I encourage you to read this link. CLICK HERE!
This
explains why some of these companies have to spend hundreds of millions
and some reaching a billion in a year to advertise. REALLY? And this
kind of behavior is good for the shareholders or clients (if a mutual
company)? These CEO's should be fired and prosecuted for their
behavior.While we as agents have no control over how the
companies that we represent pay claims, we assure you that we would not
represent companies that handle claims in this manner. Profits over moral obligations should be a crime.For more information call (636) 770-6700 or visit www.wildwoodins.com
Posted April 17, 2013 at 08:01 AM
Comments for Caution: Big Captive Insurance Company Alert!
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