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Insurance companies - overcharge and underpay



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Who could believe such a report? Shocking. They do it because they can easily get away with such behavior.

The Consumer Federation of America’s insurance director, J. Robert Hunter, said insurance companies have enjoyed robust profits and contained losses largely by “methodically overcharging consumers, cutting back on coverage, underpaying claims and getting taxpayers to pick up some of the tab for risks the insurers should cover.”


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