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To: 11th_VA

Where do the stock holders of your new insurance company live? Who administers your pension plan and do they hold any insurance stocks? All insurance companies engage in reinsurance. That’s a risk limitation practice where they parcel out their risk among a pool of companies. Does your new insurance company reinsure through Travelers, The Hartford, Metropolitan, etc.?

Just some thoughts about the futility of boycotts in such an interconnected industry. I worked for several Fortune 100 insurance companies. In many states one of them handled the business under the name of the other one that wasn’t licensed In thise states. When you buy insurance you really have no idea who you’re doing business with.


19 posted on 09/11/2013 6:01:52 AM PDT by muir_redwoods (Don't fire until you see the blue of their helmets)
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To: muir_redwoods
When you buy insurance you really have no idea who you’re doing business with

That's scary if true. I changed from a company that was headquartered in Boston to one in Minnesota - though a lot of agents work out of Tennessee.

26 posted on 09/11/2013 6:34:01 AM PDT by 11th_VA (I want a president who won't enforce tax laws ...)
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