

| Subject: | Re: Insurance Industry Regu |
| From: | Harvey Chao |
| Date: | 28 Sep 1995 09:57:43 -0700 |
RE>>Insurance Industry Regulation (was... 9/28/95 In other words, insurance co's are profit-making institutions, as any legit business must be. But corrupt ones try to jazz it way up, creating situations like you've described. Any chance that government restrictions before the election, were so severe, that even legit, clean companies could only lose money? I have no info on this (do you, Cheese? How about sharing your stats with us?), but would sure like to find out-- if my rates were lower, I could afford that new engine for my '71! How does one get this info, I wonder? (When pigs fly, if corruption is that widespread, maybe?) Any suggestions, anyone? -Steve Maher smaher@gi.com '71 VW Transporter ============================ Because I used to be a USAF "Occifer" - I am able to belong to/be insured by an organization called United Service Automoble Association (USAA). This is a member owned major insurance group that has very high industry ratings, very reasonable rates and very good service. They also, depending upon their annual "profits/payouts" will refund a % of your premium. Their "mission" is to provide insurance to their members, not to loose money, and provide service at the best possible rates. Perhaps there are other similar organizations that provide insurance as a member service (vs as a profit making entitiy?) and these would be worth checking out. Harvey
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