Hindsight Insurance Company

[Guest guest]

It apears that Ms Cleo has agreeded to give back some $500 Million in

debts she has been owed and that she had to plead the 5th several

times to the FTC concerning where she was born. Whats that

commercial that this illness keeps making a fog of my mind? " We make

money the old fashion way, We earn it " I was looking for a new and

better Insurance r and you all know how great the internet is

as getting me to the people I need and the best price. Do I go with

the company that refused to pay the death beneift because the man in

the trunk was really a diabetic, or not pay a wrongful death benefit

under a homeowners claim because the homeowner was found criminaly

negligent. Can't expect him to pay future premiums from prison.

New Hindsight Insurance Comany delay payments as long as possible so

we can learn from what we find. Oh great news guys!

" ah -- we finally found a way out of this lousy case, "

State Solvency Regulation

Following a nineteenth century U.S. Supreme Court decision and the

enactment by Congress of the McCarran-Ferguson Act in 1945, state

governments historically have had primary responsibility for

insurance regulation. Some coordination and uniformity among the

states have been achieved through actions of the National Association

of Insurance Commissioners (NAIC), a voluntary association of state

insurance commissioners. In addition to promulgating insurer

financial reporting requirements, the NAIC meets regularly to debate

and adopt " model " legislative bills for subsequent consideration by

individual state legislatures.

On the basis of HINDSIGHT, the Dingell report concludes that these

companies engaged in massive and deliberate understatements of loss

reserves. The report is especially critical of inadequate loss

reserves for injuries that had not yet been reported to the insurers

at the time that their financial statements were prepared

(called " incurred but not reported " losses). But the reserves for

many types of liability coverage written by these companies cannot be

established with much precision. A significant amount of reserve

inadequacy for these and other insurers that failed since 1984 is

likely to have been caused by unpredictable increases in both the

frequency and severity of claims. Furthermore, financial problems

associated with unexpected growth in liability insurance claim costs

could have caused some insurers to " go for broke " by engaging in low-

ball pricing and other forms of risky behavior in the face of

imminent insolvency.

Old Hindsight Insurance Company

Insurance companies support the use of video recorders to correct

poor driving habits

What if you had the opportunity to give your drivers the HINDSIGHT to

see what went wrong and help them learn from their mistakes? DriveCam

Video Systems of San Diego, CA, whose video feedback incorporates

video technology and management software to improve driving habits,

says it has been able to convince the insurance industry that the

system works as an effective driving training.

INSURANCE COMPANY

Jim son, Manager of Research and Development for St. Fire

and Marine Insurance Company, recognizes how CI helps his company

improve its vision and strategic decision-making abilities. In

addition to landing a multi-million dollar account, St.

successfully segmented its portfolio, halted the development of a new

market segment that, in HINDSIGHT, was not lucrative, developed new

marketing tools, and assessed year 2000 compliance risks.

CI is not about trench coats and false identities; rather, it is the

ethical gathering of information from public sources. It s more like

good investigative journalism than spying, although many companies

cross the line into corporate and economic espionage. Being legal and

not misrepresenting yourself are two of the principles of CI, and

that s about as far from spying or espionage that you can get.

What does this all mean, (don't know who I can trust). I opinion is

they have become monsters that need to be slain and a new crop

introduced. Kinda like Kudzu from China,,,,just did its job to damn

well. We all they get us coming and going. They have the courts

going in their favor, got slick advertising, and really know how to

sell that new fangeled collection of words not worth the paper

printed on them. And if thats not enough they have enough of our

loot socked away to pay off most every credit card we have been

getting advances on the pay up that new price hike for premiums. Thus

far the only person I have found credible are the good hardworking

premium payers like ourselves. Keep the legal pressure on them,

their Hindsight Tools are starting to prove their theory's wrong.

Lets atleast have them not enjoy being so plain deceptive, and

atleast have one bad day.