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COVINGTON, GA / ACCESSWIRE / February 22, 2021 / Ben F. Windham P.C., Covington Personal Injury Lawyer, discusses some reasons why auto insurance profits are sky high while claimants cannot settle their claims against insurance companies over the past year.
The deaths and serious illnesses inflicted upon the United States and the World by the Covid-19 virus has rivaled even the great Spanish Flu pandemic of 1918. Automobile Insurance carriers across the country are using the veil of an international pandemic to hoard cash from premiums and claims reserves and are in a seemingly all out claims-settlement freeze. Insurance Business America posted an article in September 2020 bragging about how some carriers in the industry had given partial premium refunds because of the reduction in driving during the first few months of the Covid-19 pandemic. The article quotes a principal at Deloitte Consulting, LLP as stating the net-net in Q2 was that the industry actually had better results
Covington GA Personal Injury Lawyer, Ben Windham, Discusses COVID-19 s Continued Effects Upon The Civil Justice System pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.