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Title: Washington Auto Insurance Claim Battle

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Date Posted: February 18, 2008
Source: AutoInsurance
Category: Auto Insurance
Description: Here is a video as Anderson Copper 360 covers legitimate Washington auto insurance claims among resident consumers. The report features how insurance companies make billions of dollars by deliberately delaying and denying undisputed legitimate claims. According to Washington Representative Steve Kirby ”Insurance companies have figured out that they can make more money if they don’t pay claims”. Early this year, CNN expose the controversial insurance industry strategy. Former insider say insurance companies began limiting or denying legitimate claims in minor injury cases and re billions in profits as a result. ”It’s really came down to three basic elements, a position of delaying, denying a claim and defending that claim which they denied” Jim Mathis, a former insurance industry insider said. Under the new Washington state laws if an insurance company refuses to pay honest claim and losses in court. They could be force to pay three times the value of the claim, plus an attorney’s fees...

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