Tag Archives: Profits

PROGRESSIVE INSURANCE HAS TREATED ME AS ROAD KILL

PROGRESSIVE CEO GLENN RENWICK SORRY FOR SPYING ON CHURCH GOERS. Progressive Corp Chief Executive Glenn Renwick apologized for the use of private detectives, who went undercover to join an Atlanta church group in order to discredit a couple suing the insurer. “What the investigators and Progressive people did was wrong – period,” Renwick, head of … Continue reading

Has the economy effected the auto insurance rates for individual policies?

Insurance companies are trying to control their bottom line a little better due to the downturn of the stock market and the loss of investment income. They are now "tightening their belts" and actually UNDERWRITING new applications in an attempt to make money based on UNDERWRITING profits – and not just CASH FLOW investments. I … Continue reading

why do we have national flood insurance.?

when floods happen government pays for rebuilding rather then private insurance. IT SEEMS FUNNY HUGELY profitable life insurance is not under government regulation . AUTO insurance is and you have to have it HOME owners insurance is and you have to have it un-employment insurance is paid to the state we spend thousands every year … Continue reading