The 10 worst insurance companies

[Winter_123]

Unum was rated number 2. I presume that is only because there cannot be two number ones.

Winter

 

[Nttwrkz LLC]

Well said!!!

 

[Nttwrkz LLC]

In my opinion, most 3rd graders do better research (and are thus more credible) than most attorneys and legal firms. Example:

#6 Wellpoint - while taking great pains to discuss the DMHC ruling to fine CA Anthem/Wellpoint/Blue Cross, the paper specifically discusses DOI fine of Blue Shield while failing to mention fine levied against another CA carrier, Health Net. Why? Because in their awesome research, they failed to determine that Blue Shield of California is NOT RELATED to Blue Cross of California in any way. They then turn to BCBS of Nevada and I guess, for a lawyer standpoint, all Blue must be the same company?

Hey, lawyerly guys, here's a hint, Blue Cross of California and Blue Shield of California are not related carriers, are not structured the same (one is for-profit, one is not-for-profit) and are not owned by the same parent company. You mean the two California Blues are not the same company...wow, who would have thought that??? But don't let that stop you from including Blue Shield in your diatribe against Wellpoint.

Not long ago some legal department of some NJ corporation called me to inform me that they objected to writing a letter for a CA employee because, according to their phenomenal research, Cal-COBRA only applies to groups under 20. Wrong, wrong and just plain wrong. Applies to all domestically fully-insured groups no matter size and provides extension to 36 months for such groups under AB 1401 (2002). AB what??? Never heard of it.

BTW, I am back from England, had many pints of good beer, lots of meat pies and we had really great weather.

Well said!!!

 

[Insurance Dude]

I was checking out the ratings of some insurance companies I'm considering interviewing with. What does it mean when the companies that rate insurance companies give them a negative outlook. Let's say an insurance company has an AA+ rating but a negative outlook. How bad is that and how much should someone desiring to become an agent worry about the rating and outlook?

 

[somarco]

Why does Insurance Dude's avatar look familiar?

 

[Insurance Dude]

cuz it's Al Pacino?:bump:

 

[moonlightandmargaritas]

Why does Insurance Dude's avatar look familiar?

Golddoor revisited? You're just being paranoid, Bob.

 

[Chkndinner14]

I, like everyone else, had the same thought on that Avatar!