Anita Lee Reports on the "Worst" Insurers for Claims Handling

This report by the American Association of Justice tells the tale as Anita Lee reports:

Allstate is the nation’s worst insurance company for consumers, an association of lawyers who sue big business concludes in a report released Wednesday.

“The rankings show a distinct pattern of insurance industry greed amongst 10 companies that refuse to pay just claims, employ hardball tactics against policyholders, reward executives with extravagant salaries, and raise premiums while hoarding excessive profits,” the American Association for Justice concludes.

Researchers spent six months compiling information from court documents, SEC and FBI records, state insurance department investigations and complaints, nationwide news accounts, and testimony of former insurance agents and adjusters.

The bad press never seems to let up much these days. The full report is here.

3 thoughts on “Anita Lee Reports on the "Worst" Insurers for Claims Handling”

  1. This report is definitely not good press for these insurance companies. Whew! Here a part of the State Farm’s report.

    Bob Kochran, CEO of an engineering firm assessing Katrina damage for State Farm, said that he was asked to alter reports with which the company did not agree. In order to keep the State Farm contract, Kochran agreed to tell his engineers to

  2. Interesting isn’t it that so many seem to have had concerns about what was taking place? Yet, the only ones who stepped forward were the Rigsby sisters with the support of Dick Scruggs and they’re being made the bad guys. So, strange.

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