The 10 Worst Insurance Companies

The American Association for Justice issued a scathing report of what it believes to be the "10 Worst Insurance Companies" last year, and if you're a non-lawyer insurance consumer, the results may surprise you.  Think your in "good hands" with Allstate?  Not according to this report!  Based on court records and consumer complaints to insurance regulators, the AAJ lays out in shocking detail some of the hardball tactics that many insurers employ to "delay, deny and defend" against claims filed by their policy holders and those injured in accidents.  Not surprisingly, the report concludes that despite being heavily fined and sanctioned by regulators, many insurers continue to employ these unethical practices for the simple reason that it works.  Profits are up.  Way up!  For those of us that pracice in the personal injury space, these results are hardly surprising.  But for the rest of you out there, I strongly encourage you to read the AAJ's report.  While I do not agree with some of the more sweeping conclusions presented, I do believe that serious regulatory reform is warranted for the industry as a whole.  Read it here and draw your own conclusions.