{"id":1821,"date":"2008-11-15T15:05:44","date_gmt":"2008-11-15T15:05:44","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/insurance_industry_tricks\/"},"modified":"2024-12-17T16:03:55","modified_gmt":"2024-12-17T21:03:55","slug":"insurance-industry-tricks","status":"publish","type":"post","link":"https:\/\/www.finchmccranie.com\/blog\/insurance-industry-tricks\/","title":{"rendered":"Insurance Industry Tricks"},"content":{"rendered":"<p>According to a report by the American Assocaition for Justice, the U.S. insurance industry has trillions of dollars in assets, enjoys average profits of over $30 billion a year, and pays its CEOs more than any other industry. But insurance companies still engage in dirty tricks and unethical behavior to boost their bottom line even further. The current economic turmoil affecting the insurance industry onWall Street has only made the outlook bleaker for consumers living on Main Street. Insurance companies are likely to demand huge rate hikes and refuse more claims than ever. Some of America\u2019s most well-known insurance companies\u2014the same ones that spend billions on advertising to earn your trust\u2014have endeavored to deny claims, delay payments, confuse consumers with incomprehensible insurance-speak, and retroactively refuse anyone who may cost them money.<\/p>\n<p>The report describes some of the most egregious ways the insurance industry attempts to make money at the expense of consumers. These are some of the tricks described in the report:<\/p>\n<p>Denying Claims<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.finchmccranie.com\/blog\/insurance-industry-tricks\/\"  title=\"Continue Reading Insurance Industry Tricks\" class=\"more-link\">Continue reading<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to a report by the American Assocaition for Justice, the U.S. insurance industry has trillions of dollars in assets, enjoys average profits of over $30 billion a year, and pays its CEOs more than any other industry. But insurance companies still engage in dirty tricks and unethical behavior to boost their bottom line even [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[44],"class_list":["post-1821","post","type-post","status-publish","format-standard","hentry","category-personal-injury-wrongful-death","tag-personal-injury"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Insurance Industry Tricks &#8212; Trial Attorney Blog &#8212; November 15, 2008<\/title>\n<meta name=\"description\" content=\"According to a report by the American Assocaition for Justice, the U.S. insurance industry has trillions of dollars in assets, enjoys average profits of &#8212; November 15, 2008\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finchmccranie.com\/blog\/insurance-industry-tricks\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Insurance Industry Tricks &#8212; 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