Allstate first on list of "Ten Worst Insurance Companies"
The American Association of Justice recently published a Report detailing the conduct of the "Ten Worst Insurance Companies". Allstate topped the list (it consistently tops everyone's list of most abusive insurers), of course. Here is the full list:
1. Allstate; 2. Unum; 3. AIG; 4. State Farm; 5. Conseco; 6. WellPoint; 7. Farmers; 8. United Health; 9. Torchmark; and 10. Liberty Mutual.
The Chief Executive Officers of these ten companies averaged an annual salary of nearlly $9 million dollars (that's $9 million EACH) for 2007.
To view the entire report, go to http://www.justice.org/docs/TenWorstInsuranceCompanies.pdf.