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To: 10K a day who wrote (78821)8/3/2006 11:06:55 AM
From: CogitoRespond to 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