Is Your Insurer Playing Fair?

December 26, 2004 08:44 AM

Is Your Insurer Playing Fair?

Excerpt: Against the backdrop of lawsuits and allegations of illegal kickbacks made against insurance brokers by New York Attorney General Eliot Spitzer and the announcement of a lawsuit against five large insurance companies by California Insurance Commissioner John Garamendi, it makes us all wonder if we can trust our insurance company.

Are you in good hands with your insurance company? Wouldn't it be nice to know before you need them?

Against the backdrop of lawsuits and allegations of illegal kickbacks made against insurance brokers by New York Attorney General Eliot Spitzer and the announcement of a lawsuit against five large insurance companies by California Insurance Commissioner John Garamendi, it makes us all wonder if we can trust our insurance company.

If insurance companies are accused of cheating their business clients out of millions of dollars, how are they treating the rest of us?

We rely on insurance policies to protect our most significant assets: our homes, our automobiles, the lives of our family and our livelihood. But do insurance companies deserve our trust?

Unfortunately, there are plenty of stories about people who are in dire financial straits because their insurance company did not help them. Michele, a Cincinnati-based flight attendant with Comair Airlines posted her story on www.consumeraffairs.com, a consumer information site, which publishes consumer complaints.

READ FULL STORY ...

Unmatched Scope Of Disaster Delays Damage Estimates (December 27, 2004)

he destruction wrought by the weekend's tsunami in the Indian Ocean comes on top of what already ranked as the most expensive year to date for insurance companies, but insurers say the absence of experience with earthquake-generated waves in the region will delay precise damage ...

Dental Double Standards (December 27, 2004)

Among the nation's reservists, a common reason for not being sent to Iraq has been poor teeth. The military offers dental insurance to reservists and members of the National Guard, but for those who opt for it, the benefit of $1,200 a year does not ...

VUL Policies Remind Us Why We "KISS" (December 26, 2004)

The Variable Universal Life policy, or VUL, is often suggested as a way to save for retirement. A policyholder makes a large initial premium payment, the policy "pays for itself" over time, and once assumed growth rates are applied, the policy is projected to supply ...

Don’t Let Health Care Costs Hijack Your Retirement (December 13, 2004)

One of the greatest financial challenges faced by today’s retirees is the rising cost of health care. Prescriptions, insurance premiums, doctor’s office visits and hospital stays are all increasing more rapidly than inflation. Whether you’re in your golden years or fast approaching them, you must ...

Read all 10 posts in the same category of Insurance:

Staking Your (Insurance) Claim - Jan 25, 2005
States vs. U.S.: Who Will Police Insurance Firms? - Jan 01, 2005
Unmatched Scope Of Disaster Delays Damage Estimates - Dec 27, 2004
Dental Double Standards - Dec 27, 2004
VUL Policies Remind Us Why We "KISS" - Dec 26, 2004
Don’t Let Health Care Costs Hijack Your Retirement - Dec 13, 2004
Cheapest Health Insurance Found Out West - Dec 08, 2004
Don't Neglect Renter's Insurance - Dec 01, 2004

Related Sites
• Structured Settlements
www.setcap.com - cash for structured settlements, sell annuity, lottery winnings, and more.

• Personal Finance: Finance News Today provides money saving tips, news, and articles on personal finance issues like insurance, real estate, college planning and much more.

• Compare all our 0% Credit Card UK against our 0% balance transfers and cash back deals.

• Browse through our Credit Cards deals and apply online.

• financial tip - financial tips article and more.

• Arizona llc - incorporate a arizona llc. they offer solutions for limited liability company asset protection in arizona and california. incorporation services are provided online with 24 hour filings and expedited approvals. www.paralegal-plus.com for cpa lawyers.

• Credit Repair
repairmycreditnow.com/Credit_Repair_Advice.htm - repair my credit now credit services offers credit repair, restoration and education through our exclusive "v" phase process â„¢.

• Citibank Home Equity Lines of Credit: Rates as low as Prime - 0.50% variable APR for Life, currently 5.50% variable APR.

• Day Trading - day trading signals for active stock and options traders.

• Ken Langone - ken langone: make my day

• Credit Repair - repair my credit now credit services offers credit repair, restoration and education through our exclusive "v" phase process â„¢

• Online Option Trading - oexoptions is an oex online stock option trading company offering a free 15-day trial for all new customers.

• fix bad credit

Want to See Your Ads Here? Claim Your Ad Space at Personal Finance Weblog by Writing to Webmaster. Starting at $25/month, see your text ads in more than 2,000 indexed pages at PFBlog, the Best Personal Finance Blog, or MM Money, MM's Daily Personal Finance Readings. Full Rate Card Available Here.