Consumer Group to Unleash Attack on P/C Insurers for ‘Overcharging’

January 4, 2007

  • January 4, 2007 at 9:55 am
    mamma says:
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    Insurers can\’t make a change to coverage or rates charged to consumers without approval from state regulators, so I assume Mr. Hunter is calling a press conference to condemn state regulation?

  • January 4, 2007 at 4:41 am
    Mr. Recall says:
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    Gee, Mr. Hunter is the speaker. Just can\’t wait to see the details. I\’m sure the democrats are just going to love this!
    What timing.

  • January 5, 2007 at 11:00 am
    Compman says:
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    I wonder if he will have a matching tin foil hat to go along with his bowtie? He is a nut job.

  • January 5, 2007 at 1:51 am
    Bulldogg says:
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    I would check for X-Ray burns on the back of his neck too.

    I agree with mamma, regulators approve the rates filed by a carrier so if they are excessive its with the approval of the state.

  • January 5, 2007 at 1:53 am
    Disposable Income says:
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    I would rather see this idiot go after the oil companies. They are taking a lot more money out of my pocket and they are doing it from all regions of the country as opposed to the insurance companies that are mainly raising rates in the SE. The oil company profits are obscene. Insurers are barely making their cost of capital.

  • January 5, 2007 at 1:55 am
    Scott says:
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    If the market were overcharging wouldn\’t that create an opportunity for a carrier that doesn’t overcharge to take market share? I look forward to the entry of CFA Insurance Company to the market. Or maybe CFA is just full of hot air?

  • January 5, 2007 at 1:57 am
    rcb says:
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    Nut Job? Yes, but a dangerous one. His press conferences always get extensive media coverage and politicians make sympathetic noises and promise hearings and new laws. Meanwhile the public eats it up.
    The industry refutations of his \”studies\” never draw the same coverage except in the insurance press.
    Wouldn\’t you love to set him up as CEO of his own insurance company with a reality show TV Camera on his every move?

  • January 5, 2007 at 1:58 am
    Not Surprised says:
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    Not to worry, the ticket for the Democrats in 2008 will be Spitzer and Hunter, then all will become right with the world and those nasty insurance guys are out of business.

  • January 5, 2007 at 2:14 am
    Postman says:
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    CFA Membership

    Non-profit, pro-consumer organizations that support the mission of CFA qualify for membership. While annual dues payments range as high as $20,000, most organizations contribute between $75 and $1,000 annually.

    Lets get a look at those books ! Please.

  • January 5, 2007 at 2:40 am
    Mike says:
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    It is so sad to see that our industry (insurance) is continuing to increase premuims (regardless of each different state regulator approval as they don\’t see all of the carriers books) despite having very profitable years(Despite Katrina)from both premium increases and lately having an actual ROI from our investments in various markets.
    I guess it easier to blame the messenger (consumer group) than it is for us to recognize that we aren\’t always the good guys (guys wearing the white hats)…

    Oh well…We\’ll see what happens next.



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