We Offer Free Initial Consultation in Cases of:

Cincinnati Personal Injury Lawyer Blog

Information regarding personal injury claims from a Cincinnati personal injury and accident lawyer focusing on Ohio law

Monday, December 18, 2006

Insurance Industry Profits to hit Record High

 



The New York Times reported in October that insurance experts expect industry profits to hit $60 billion ($60,000,000,000.00) in 2006 because of increased premiums for customers on the coasts,smaller payouts for natural disasters and larger investment returnss, as well as increased profits in the areas of auto insurance, workers compensation and general liability.

"The insurance industry has made excuses for its premium increase by making scapegoats out of individuals who have been harmed by the fault of another ," said Rhonda Davis, President of the Ohio Academy of trial lawyers. " By their own admission insurance companies are recording incredible profits.

According to the article, Robert Hartwig, chief economist of the insurance information institute, said "we think we're going to have some good numbers."

"How is that for an understatement" says Anthony Castelli attorney.

posted by Anthony Castelli at 9:58 AM

0 Comments:

Post a Comment

<< Home

I would like to receive
Anthony Castelli's newsletter.
Sign up for the free
consumer guide
Practice Centers
  • Personal Injury
    Have you suffered a bodily injury? You may be entitled to compensation
    Learn More Here
  • Car Accidents
    Have you been injured in a car, truck or motorcycle accident?
    Learn More Here
  • Workers Compensation
    Have you been injured while working? There could be multiple benefits available for you
    Learn More Here
  • Motorcycle Injuries
    Have you been injured while riding a motorcycle?
    Learn More Here

Call Us Now at
800-447-6549
for a Free Consultation

TELL A FRIEND ABOUT US BOOKMARK THIS SITE PRINT THIS PAGE

Copyright © 2004-2008 Law Office of Anthony D. Castelli. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. This site is for information and should not be taken as legal advice, nor does the use of this site constitute an attorney-client relationship.

Home | Personal Injury | Wrongful Death | Car Accidents | Motorcycle Accidents | Truck Accidents | Work Place Construction Injuries | Workers Compensation | Social Security Disability | Dog Bites | Defective Product Injuries | Contact Us | Sitemap | Links

Ohio Personal Injury Attorney Disclaimer: This website is for general information only about personal injury lawyers and does not constitute a client/lawyer relationship. If you believe that you are entitled to personal injury compensation contact Anthony Castelli. He is an experienced Cincinnati, Ohio personal injury Attorney.