Sometime in early-2008, Liberty Mutual Insurance Company began a new advertising campaign called the “Responsibility Project”. The company calls it a place to discuss “doing the right thing”. I will get to the hypocrisy of an insurance company having the audacity to suggest that it wants to assist others in “doing the right thing”, below.
A recent entry to the “Responsibility Project” library is a short film entitled “Lawyers”. This is the story of two lawyers, a man and a woman, who are about to meet in a sushi bar. They have been dating awhile, and the man brings an engagement ring to “pop the question”. They begin a discussion about a case that the woman is handling. When the woman is not looking, the man places the ring on the carousel that carries a selection of sushi rolling past their location. His plan is that the ring will come around the circle, she will see it, and he will ask her to marry him. It is very romantic. Continue reading “"The Ultimate Hypocrisy" – so many options – but this hypocrite is Liberty Mutual”
It doesn’t get much better than this as Sun Herald ace reporter Anita Lee slabs Mike Chaney for not telling the whole story about Safeco coming back to the coastal wind market here in Mississippi:
When Mississippi Insurance Commissioner Mike Chaney announced earlier this week that Safeco Insurance would offer wind coverage to a limited number of customers, he neglected to mention he had approved an average statewide rate increase of 14.7 percent on homeowner policies for the company.
As Mr Chaney is a Republican and since those guys love to talk about the Ten Commandments I feel we must explore one of those commandments in connection with this post. I’ll add that by virtue of 13 years of immersion in the Catholic Catechism I am versed in the concepts embodied in the 8th commandment (for our protestant friends it is the 9th commandment) so it is there we stop next:
Safeco Insurance plans to offer wind coverage again, Mississippi Insurance Commissioner Mike Chaney said Monday morning.
The company will offer 500 to 1,000 homeowner policies with wind coverage, he said, beginning in mid-March.
“They’re going to be selective about who they write, but I’m assuming as long as there’s not a credit risk involved, they’re not going to have any real restrictions,” Chaney said. Some companies have restricted wind coverage to the northern three Coast counties, but stopped offering it to new customers or nonrenewed policyholders who live near shore.