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re: French Quarter restaurant suing Lloyd’s of London
Posted on 3/16/20 at 7:34 pm to SEClint
Posted on 3/16/20 at 7:34 pm to SEClint
It will definitely be an issue from this point forward. Just like terrorism coverage post 9/11. Insurance companies for the most part are money hungry and will frick you every chance they get. I do not believe Oceania will be successfully, but, it will be interesting to see how it plays out.
1
Posted on 3/17/20 at 9:24 am to Buck Dancer
quote:
Insurance companies for the most part are money hungry and will frick you every chance they get.
Wrong! Insurance companies are like any other company, they desire a profit. That profit hires a shite-ton of people to provide for their families and make a decent living.
As an agent, I can assure you that these companies often do not clear as much as you'd think with expenses, claims pay outs, etc...and the LAST thing you want are insurance companies struggling financially to stunt paying claims.
The problem often lies with ignorance of the consumer and folks trying to gouge or get something for nothing. I have seen so much trifling BS over the last 7 years on the consumer side. Insurance is like the police in ways...lots of folks want to bitch about them but when they are there to save your arse in a time if crisis, things take a different twist.
This post was edited on 3/17/20 at 9:26 am
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