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CNN REPORTS: INSURANCE SURPRISES!

When it comes to auto accidents, “DENY, DELAY, DEFEND” is the order of the day at State Farm, Allstate, and nearly every other major insurance company.

 


CNN'S ANDERSON COOPER reports on the insurance companies’ “DELAY, DENY, & DEFEND” policy of denying, FIGHTING, AND LOWBALLING valid claims.


Do you think the insurance company plans to treat you fairly after an accident?  Anderson Cooper and CNN warn that you should think again!

After an exhaustive eighteen month investigation, CNN reports that Allstate Insurance, State Farm Insurance, and nearly all of the other major US insurance companies have defrauded the public by refusing to pay valid claims arising out of low-speed automobile accidents.

CNN even interviewed a sitting judge who says that insurance defense lawyers have admitted to him time and time again that they have standing orders from these insurance companies to “DELAY, DENY, and DEFEND” claims that they know should have been paid. 

In secret documents rooted out by CNN’s investigation, it was proven that these insurance companies have undertaken a blanket policy to deny claims and make lowball take-it-or-leave-it offers with the hopes that most injured car accident victims will give up and that they will not find a lawyer who knows their game.  Unfortunately, CNN reports that 80% to 90% of injured victims do simply give up and many who don’t hire the right lawyer get less than half of their out of pocket costs back.

The hard fact is that a person without a lawyer simply cannot trust an insurance company to pay fair compensation for an accident.  You need a lawyer to force the insurer to pay fair compensation for your injuries. Don’t get taken!  Get representation from a lawyer who knows how to take on the insurance company and win!

Read the CNN.com story by clicking HERE, or watch the broadcast reports from CNN’s ANDERSON COOPER 360 below:

 

FROM  CNN.COM

“DELAY, DENY, DEFEND”: PART I

 

 “Insurance companies make BILLIONS of dollars each year by deliberately delaying, denying and disputing legitimate claims. Now it happens all over the country.”

 — Anderson Cooper, CNN, Anderson Cooper 360: Keeping Them Honest.


“These big name insurance companies are more interested in profits than policyholders.”

 — CNN  Report 



“DELAY, DENY, DEFEND”: PART II

 
 

"The profits are good, and as long as the community, the public allows this to occur, the insurance companies will get richer and people will not get a fair and reasonable settlement,"

 

— CNN  Report

 

 



UPDATE
:  ANDERSON COOPER 360 follows up on this story in this special report ANDERSON COOPER 360: KEEPING THEM HONEST.  View the report below:

 
 

“We can see that policyholders individually are getting hurt by being dragged through the courts on fender-bender claims, and yet we don't see any collateral benefit in the form of reduced premiums even for the other policyholders...Now we can say to continue this kind of program is institutionalized bad faith."

 

— CNN  Report