THE INSURANCE INDUSTRY - PERPETUATING THE CONSUMERS' CRISIS

On December 27, 2006, the Chief Economist for the Insurance Institute reported that the property and casualty side of the insurance industry continued its record setting escalation of profits during the first nine months of 2006. The property and casualty part of the insurance industry includes fire, theft, earthquake, flood, automobile, homeowners’, commercial, marine, governmental liability. Net profits after taxes for the nine month period were $44.9 Billion. The entire report can be found at: III - 2006 - First Nine Months Results.

So when your insurance bills continue to increase making it more difficult for you to make ends meet, ask yourselves why it is that a supposedly regulated industry like the insurance industry is permitted to take advantage of the system.
Ask yourselves why insurance company executives make so much money. And ask yourselves why it is so difficult to get an insurance company to treat customers and people with bonafide claims decently.

Stewart M. Casper
Casper & de Toledo LLC
1458 Bedford St.
Stamford, CT 06905

203-325-8600
scasper@cadetlaw.com