I plugged in, "Insurance Company Profits" to Google?
Was rewarded with hundreds, if not thousands of entries; chronically the Insurance Industry & their financial state A to Z.
Entries made by entities ranging from individual company P&L reports to stockholders to detailed articles written by financial pubs such as Forbes et al.
Mostly Blue Sky, neighbor.
Don't believe me, though; go nuts, for yourself.
I've no time for FR's militant insurance lobby, truth be known.
My original comment was made to someone I know, knows what the score really is; v.s., the industry-spun propaganda.
...besides: I hear all about it every holiday & see the ins co fruits manifest in a myriad of ways, first-hand.
FR's militant insurance lobby? What proof do you have something like that exists here? You have just stated it as a fact. Back it up. That's all anyone has asked you to do here on anything else you have said. And you respond that you personally know one person know that has the inside scoop. Your "holiday" remark seem to indicate a "sniff of jealously".
All I know is what I have read today. From the links my agent gave me written by people that watch the insurance industry. Daily. I'm not in the insurance business. I pay 5 figures in premiums every year so I'd like them to be so fat and happy that they would compete more and I'd pay less.
Just to add one more point. I think that we should go to a "loser pays" system in America. You so me, you lose, you pay the costs. That would stop a lot of the lawsuits that get filed that have no merit. But the trial lawyers would have fits over that. Maybe someone with the militant trial lawyers lobby here on FR can comment on that. LOL!