Re: Rising Insurance Rates

Posted by Irv on January 01, 2005 at 12:54:30 from (68.79.123.165):

In Reply to: Rising Insurance Rates posted by Rob in Mo. on January 01, 2005 at 07:33:19:

My hometown here is (was) the HQ for a large Ins. co. A couple of neighbors work there. They have been bought out 3 times in 10 years. Each time by a larger ins. co. During this process, they have outsourced all there computer work and a lot of the clerical work. They built a 200 million state of the art HQ, gave execs lots of bonuses, but got rid of half of thier employees. And they have 4 times as many clients as when they started. My insurance rates have done nothing but go up. No claims either. Now if you call, you are talking to India Inc. Seems a little out of line to me. Irv

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