Another Insurance Company Caught Defrauding America. So What Else is New?
http://www.parkerscheer.com/blog/archives/on-insurance-companies-and-how-they-operate/another_insuran.html
March 19, 2006

Nine Attorneys General today, representing Massachusetts and eight other states, agreed to accept $171 million from insurance giant Zurich American Insurance Co., after mounting evidence tied Zurich to bid-rigging and price-fixing in the commercial insurance market. So what else is new? How many more examples do the American people need to see before they truly understand the greed, corruption, and anti-consumerism that blankets the business of insurance? A lot more if you ask me.!

If these gonnifs have the nerve to perpetrate this kind of fraud in the "commercial insurance" arena, suckering what is undeniably an extremely sophisticated clientele, one can only imagine the "fair shake" enjoyed by the Average Joe when it comes everything from personal injury claims settlement practices to homeowner's claims. Want a clue? Ask the good people of Louisiana how their Katrina claims are going? Then run!

The sad reality is that the nine states that banded together to punish Zurich for its lies and cheating, will hand out a penalty barely even noticed by Zurich. It takes a lot of dough to make a company named "Zurich" cry. And that's what it takes to punish giants. It takes a paddle weightier than a few hundred million. It takes a multi billion dollar slap across the face to teach these bastards that crime does not pay. At this level - it pays beautifully.

Every year, law firms such as Parker Scheer, go to war against some of the largest insurance companies in America, with the goal of leveling the playing field between the rights of the individual consumer and institutions which, by their size and resources, dwarf even the world's leading banks. Every year, the insurance cartel pours more and more money into the coffers of State and Federal legislators, pressing for new laws that will further insulate them from paying their customers what they deserve. The trial lawyers have taken quite a black eye in recent years, largely because it's sexier to write a newspaper story about a woman who breaks her toe and wins a million bucks, then it will ever be to write about a family who lost a father to a drunk driver and has been waiting more than four years to receive their insurance proceeds. The games insurance companies play to evade the responsibility they owe to those they insure and those injured or killed by those they insure, demand a legion of committed trial lawyers who can stand up for their clients the way nine Attorneys General stood up against Zurich.