Take Our Special Driving Lesson
As part of our guest lecture series, we’re honored to present our Auto Insurance Industry Fat Cat friends, who have graciously offered to show how they worked the pandemic for maximum greed, er, bliss. With people home, there was a huge decline in driving, car accidents, and insurance claims. Yet companies generally collected the same premiums. As a result, companies pocketed hundreds of millions – or in some cases over a billion – dollars more than they made the year before, paying dividends to shareholders instead of refunding premiums! We can all take lessons. (For sources and backup, click here.)
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