https://www.natlawreview.com/article/11-worst-insurance-companies
Just released today. I’m sure your not surprised.
5 replies (most recent on top)
Released in February... OP is fake news
To be fair, 11 insurance companies is just about all of the major ones. Criteria seems to be one incident as to why they are on the list. Nothing about the work experience or how employees are treated seems to be factored in. Basically and insurance company thats large enough and been around long enough to have been sued and lost is on the list.
You can't even read . Article is from Feb 2021
Old news
- Allstate.
The AAJ list explains that even the CEO of this company admits that Allstate’s loyalty does not lie with its customers. CEO Thomas Wilson states that Allstate’s “obligation is to earn a return for our shareholders.” Documents they had to make public show that while they boast “good hands” in ads, they encourage their employees to fight against their own policyholders.
The AAJ says this of Allstate, “The company essentially uses a combination of lowball offers and hardball litigation.” To illustrate just how much money this company is making off its tactics, Wilson received more than $16,300,000 in compensation in 2019, while many injured claimants received far less than they deserved or nothing at all.
Allstate has also faced criticism for using highly confusing policy language that leads policyholders to believe they have certain coverage when, in reality, they receive a denial of their claims. Critics suggest that the company wants to collect premiums from policyholders who assume they have comprehensive coverage, only to have no recourse when disaster strikes.
All of this has earned Allstate the title of the worst insurance company.