The American Association for Justice published an article titled "The Ten Worst Insurance Companies in America: How They Raise Premiums, Deny Claims and Refuse Insurance to Those Who Need it Most." The list outlines how each of these companies put profits over policyholder interest and more specifically value shareholders over policyholders. The list is as follows:
- Allstate
- Unum
- AIG
- State Farm
- Conseco
- WellPoint
- Farmers
- UnitedHealth
- Torchmark
- Liberty Mutual
Unfortunately, every type of insurance from auto to homeowners and disability, to name a few are all impacted in one way or another by cost-savings actions of these insurance companies. Profits for the insurance industry as a whole have increased dramatically over the past few decades. If you or someone that you know is dealing with an insurance company and believes that the processes or negotiations are not fair, please contact an attorney. Travis Legal Offices, LLC has years of experience in helping our clients with insurance issues. We also offer free consultations.