Report: Insurers enjoy record-breaking profits

Posted by digg On 16 February 2010 No Commented

Report: Insurers enjoy record-breaking profits as they cut 2.7 million people from their rolls None of the excuses can explain away the basic reality that insurers make more money when they insure less people. They can pay their CEOs more (“administrative costs” rose this year) when they can charge the healthy exorbitant prices and drop or deny…

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