Allstate Insurance Company topped the list of the “Worst Insurance Companies in America” in a report released by the American Association for Justice. Allstate earned their ranking, using a style that is best described as “Deny, Delay, Defend” . Basically not paying justified claims . As a consumer this can mean two things for you. They will fight you if they are your company and you make a claim. And they will fight you if you are unfortunately injured by someone they insure through no fault of your own. . A closer look at the reason for the denials seems to be maintaining and growing average profits of over 30 billion per year and CEO’s that are being paid on average 8.9 million in 2007. So it doesn’t seem to have anything to do with protecting the premium dollar. For any consumer, this costs each of those injured more time and expenses as claims are wrongfully denied.
The Rest of the Ten 2. Unum 3. AIG 4 State Farm 5 Conseco 6 Well Point 7 Farmers 8 United Health 9 Torchmark 10 Liberty Mutual
