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N.Y. City Comptroller Hits Auto Insurers' Profits; Insurers Hit Back

East News • November 30, 2006
Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, New York City ...

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Subject: Let's all look

Posted On: November 30, 2006, 2:40 pm CST
Posted By: Read the P&L Statement
Comment:
Why not take a swing at an industry where most CEO's have a salary of $1,00,000 plus all those options. This is an industry that has and always will be bashed.
When a compnay goes belly up for improper reserves then we have the outcry of why wasn't their rate changed to prevent this.
This is an indusrty that no matter what we do we always have soomeone pointing out what went wrong EXCEPT for some of the out landish salaries of the CEO's.
Perhaps it's about time that the DOI began to look at salaries of these people. If sports wants a salary cap why not other business's.
A good adjustor can bust their but work 50 to 60 hours a week make 75K to 100K and watch their boss bring up what a great salary they make.
Let's just face it, we work in an indusrty that has and always will have a target painted on it, except for the CEO's.
Subject Posted By Posted On
Let's all look Read the P&L Statement
Nov 30, 2006, 2:40 pm
Misty Meanor rick
Nov 30, 2006, 2:31 pm
Rick the D*ick Misty Meanor
Nov 30, 2006, 2:26 pm
Beware Insurers! rick
Nov 30, 2006, 2:13 pm
Winning and Socialism Vlad
Nov 30, 2006, 2:11 pm
RE: RE: RE: RE: Beware Insurers! Mr. Recall
Nov 30, 2006, 1:28 pm
RE: RE: RE: Beware Insurers! Jack J Maniscalco
Nov 30, 2006, 1:23 pm
RE: RE: Beware Insurers! CSR
Nov 30, 2006, 1:12 pm
RE: Beware Insurers! Jack J Maniscalco
Nov 30, 2006, 12:59 pm
Beware Insurers! Mr. Recall
Nov 30, 2006, 10:25 am
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