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Sunday, August 15, 2010

YouTube - The insurance Hoax-1of3.videos.NOW-PBS Reports & Bloomburg

YouTube - The insurance Hoax-1of3.videos.NOW-PBS Reports & Bloomburg: "The industry has increased profits by an annual average of 46 percent since 1994, Institute data show. In 2006, carriers invested $1.2 trillion and recorded a net gain of $52.3 billion, up from $713.5 billion invested for a gain of $39.1 billion in 1994.
Insurance companies are no longer following their mandate to take care of policyholders' money and then pay it out when needed, says Douglas Heller, executive director of the nonprofit Foundation for Taxpayer and Consumer Rights in Santa Monica, California."

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