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Home Insurers Secret Tactics Cheat Fire Victims, Hike Profits

Number 23495
Subject Insurance
Source Bloomberg News (New York)
State NJ
Year 2007
Publication Date 08/03/2007; 12/27/2007
Summary In this series, the reporters "documented a pattern of deception and abusive practices by the $6.1 trillion insurance industry. The reporters unearthed confidential company documents that showed, along with on-the-record interviews with former agents and regulators, how the entire property insurance industry had changed the way it handles customers, starting in the 1990s."
Category Contest Entry
Pages 48
Keywords insurance; underpaying policyholders; claims; civil lawsuits
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