East News
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N.Y. Central Mutual Drops Auto Rates 5%
East News • April 21, 2005
Acting Superintendent of Insurance Howard Mills announced that the New York State Insurance Department has approved a New York Central Mutual rate filing that will reduce the auto premiums paid by ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Dear Glen | anna | Jan 23, 2006, 10:03 am |
| old | lady | Nov 23, 2005, 6:19 pm |
| Rate Reductions | Comment To Glen | Apr 29, 2005, 6:47 am |
| alert New York Central Agent | NYCM | Apr 28, 2005, 2:32 pm |
| RE: Glen | Karen | Apr 26, 2005, 9:00 am |
| Press = Propaganda = Puppet | Winston | Apr 22, 2005, 6:28 pm |
| RE: Dear Glen | Glen | Apr 22, 2005, 4:22 pm |
| press once again misleading | alert NYCM agent | Apr 22, 2005, 4:10 pm |
| Dear Glen | Winston | Apr 22, 2005, 2:44 pm |
| Answers for Winston | Glen | Apr 22, 2005, 12:33 pm |
| RE: Here we go again! | Not Winston | Apr 22, 2005, 12:29 pm |
| Here we go again! | Winston | Apr 22, 2005, 10:45 am |
| RE: Rate Reductions | Mark | Apr 22, 2005, 10:03 am |
| Rate Reductions | Brian O'Neill | Apr 22, 2005, 7:47 am |
| Back to article | ||
Subject: Press = Propaganda = Puppet
What "alert" stated is so very true. The so called saving also mentioned by Geico and Progressive will not affect All policyholder of those carriers. The statements issued by the Ins Dept. and relayed by the media is inaccurate and deceptive. It is simply and political tool and good press for an industry despised.
Although I am not trying to "bite the hand that feeds me", the simple fact is the insurance/financial is a major political and financial force in the world. They look for any and every way to turn a profit (I am not knocking that). What I have an issue with is the way at which they go about doing that--some unethical, so pushing illegal (I have seen and experience this first hand).
First they blamed auto theft, when that went down it was arson, when that went down it was soft-tissue/litigation, then it was no-fault fraud...Next up, CREDIT SCORING. Anything to make a buck.
AS JEFF GREENBERG (MARSH & AIG) STATED IN AN INTERNAL MEMO FOLLOWING HURRICANE ANDREW: THIS IS AN OPPORTUNITY TO GET PRICE INCREASES NOW.
Glen, I hope that you and your unit will go after both Hank and Jeff Greenberg next.