Friday, January 20, 2006

IB�s Top 3 List

The National Association of Insurance Commissioners (NAIC) tells us the top three reasons that consumers file formal complaints against their insurers:
Last year, auto insurance issues generated the most complaints, closely followed by health insurance. Since (as we�ve discussed before) these two types of insurance share a number of fundamental characteristics, that�s no real surprise.
Health insurance claims made up over a third of the total, with almost 68,000 complaints filed against carriers. If you�re curious about how your own carrier fared, you can access company specific complaint ratios at the NAIC�s website.
Happy hunting!

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