12 | 11 | 2006 Posted By William G. Pintas

Insurance Industry Boasts Record Profits

"Newly-released data shows that insurance company profits for 2006 are approaching record highs.  This follows the industry’s 2005 profits, which itself broke records despite Hurricane Katrina.  The high profitability trend applies to all lines of coverage, including auto insurance. In New York State, for example, a report issued today by the New York City’s Comptroller Office finds state automobile insurers experiencing unprecedented profitability, with motorists paying historically high insurance premiums despite lower payouts by insurers. (Office of the New York City Comptroller Office of Policy Management, William C. Thompson, Jr., Comptroller, Highway Robbery: The High Cost of Automobile Insurance in New York, November 2006, found at http://www.comptroller.nyc.gov/)"

Read more at Center for Justice & Democracy.
Written By:ucakkurzxg On January 12, 2007 10:34 AM

Hello guys! I have some questions. I mean need some help.
Where i can read more about this problema?
Please, don't derect me to http://google.com i know about it.
Please derect me with some links.
thanks!
UCAKK^^

Written By:ana On May 4, 2007 7:33 PM

...and this is the reason why i am entering the insurance arena here on my country sometime this July.

I'm looking for informations that might just lead to more knowledge about insurance.