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Lettuce Be

(2,355 posts)

9. Despite "Insured Losses" the insurance industry recorded record profits, so...

Reply to dalton99a (Original post)

Mon Jan 8, 2024, 12:53 PM

Jan 2024

Missing are the charts showing their profits. 50 Most Profitable US Insurance Companies. The point is these companies are making billions in profits yet crying about their losses. That is how insurance is supposed to work. Some make claims, some don't. Their tears over making less profits some years are ridiculous.

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canuckledragger

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Highlight:

Buying Home and Auto Insurance Is Becoming Impossible (WSJ) [View all] dalton99a Jan 2024 OP

Liberty Mutual dropped us after over ten years with one claim for which a ticket was issued to the other driver. Freethinker65 Jan 2024 #1

Well played because that is the game policyholders are faced with. bucolic_frolic Jan 2024 #2

Progressive snuck $200 rate hikes per year during the pandemic Ritabert Jan 2024 #3

i got auto insurance through AAA Marthe48 Jan 2024 #4

Last time I got a quote from AAA they weren't cheap Ritabert Jan 2024 #5

It isn't cheap Marthe48 Jan 2024 #6

I guess I'll keep trying Ritabert Jan 2024 #7

Ohio requires insurance coverage on cars Marthe48 Jan 2024 #8

Despite "Insured Losses" the insurance industry recorded record profits, so... Lettuce Be Jan 2024 #9

I've got travelors on the phone now Tickle Jan 2024 #10

Let us know if you find anybody reasonable Ritabert Jan 2024 #11