Posted On: May 6, 2009, 3:29 pm CDT

Posted By: Wade Ebert

I'm no attorney but you don't have to be Melvin Belli to recognize the defensive and evasive ramblings of an insurance guy. I pity most an insurance guy who is afraid to even use his real name. But I digress.

Yup. Fraud for Profit, Theft by Deception, Larceny by Trick. It has become institutionalized. Just like the Contingent Commissions, Credit Default Swaps and Title Washing to which insurance companies are apparently serially prone.

In this case - the intentional misrepresentation of the condition or quality of goods as something they are not.

Let's forget "good" versus "bad" and make it more simple. The parts are different. As in "not the same". Yet they are "sold" as "the same" and sometimes even "better than". It is a lie.

No amount of words can make them the same, nor make calling them the same - not a lie.

To quote my favorite Republican:

"How many legs does a dog have if you call the tail a leg? Four. Calling a tail a leg doesn't make it a leg."
- A. Lincoln