SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Don't Blame Me, I Voted For Kerry

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 10K a day who wrote (78821)8/3/2006 11:06:55 AM
From: Cogito of 81568
 
>>30-50 percent of Insurance money going to Administration Reviewers/INVESTMENTS et al??
EXAMPLE: California Workers Compensation.
50 percent of the money going to INVESTMENTS!<<

Baked -

Don't know much about the insurance business, do you? ALL insurance companies have a large percentage of their cash in investments. If they didn't, they wouldn't be able to pay up when there is a big disaster or a large spike in claims for some other reason.

But I will give it to you on California Workers Compensation. That system is definitely broken.

- Allen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext