Fighting Against Profit-Hungry Insurance Companies
According to a new report from Fitch Rates, the U.S. industry's workers' compensation line generated a significant profit in 2015. Managing director of Fitch, Jim Auden said that the upturn is due to "past premium rate increases, stable loss cost trends and improved loss reserve experience."
Why is this important?
At the end of the day, it's important to understand that Insurance Companies are here to make a profit. They aren't guided by m...
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