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re: Why do people think that they can lie to insurance companies?
Posted on 10/21/16 at 7:26 pm to blacknblu
Posted on 10/21/16 at 7:26 pm to blacknblu
quote:
used to work for NAIC, and I didn't even know about that source.
Welp, there you go folks, this is why government shouldn't be in the insurance business .
Sorry man, I couldn't resist
3
Posted on 10/21/16 at 9:10 pm to Vols&Shaft83
quote:
Sorry man, I couldn't resist
I would have thought differently had you not taken the shot
FWIW, I was in IT, so I wasn't too familiar with the business. I also worked on regulatory activities, and systems like the such.
Posted on 10/21/16 at 9:34 pm to Vols&Shaft83
quote:
Welp, there you go folks, this is why government shouldn't be in the insurance business
Regulatory agencies are necessary for insurance. They require companies to not be dumb as frick and hand decisions over to Marketing/sales
Posted on 10/21/16 at 9:39 pm to Vols&Shaft83
quote:
Welp, there you go folks, this is why government shouldn't be in the insurance business .
They should be in the regulation of insurance business tho.
When 9/11 hit, one of the only things keeping some top international insurance companies from going bankrupt overnight was the fact that 50 separate state DOI's could react differently than a single national one.
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