Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry

Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry❰PDF / Epub❯ ☉ Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry Author Eric D. Gerst – Tbjewellers.co.uk We all dutifully write out checks for insurance coverage each month, assuming that if the worst should occur, we ll be protected financially But what we don t know about the insurance business could a We all dutifully write out checks for insurance Dirty Deals, ePUB ☆ coverage each month, assuming that if the worst should occur, we ll be protected financially But what we don t know about the insurance business could and most probably will hurt us Vulture Culture is a hard hitting expose of the sorry state of the industry, from tales of rampant, widespread corruption to inconsistent state regulations and the inability and often unwillingness of the federal government to protect the rights of denied claimantsThe book takes readers into a world of bid rigging, Vulture Culture: PDF/EPUB or fraudulent commissions, and secret payoffs, revealing shocking abuses and ominous new trends Readers will hear about a rogue s gallery of shady executives, including a CEO whose massive claim denial schemes eventually got him fired at great cost to consumers From the Hurricane Katrina fiasco of unpaid claims, to a revolving door in which former insurance executives regulate their own industry before returning to it themselves, this is a shocking account of an industry on the brink of collapse, and what must be done to fix it before it s too Culture: Dirty Deals, PDF Ì late.

Is a well known author, some of his Dirty Deals, ePUB ☆ books are a fascination for readers like in the Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry book, this is one of the most wanted Eric D Gerst author readers around the world.

Vulture Culture: Dirty Deals, Unpaid Claims, and the
  • Hardcover
  • 241 pages
  • Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry
  • Eric D. Gerst
  • English
  • 17 September 2018
  • 0814400264

10 thoughts on “Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry

  1. says:

    Excellently researched, bipartisan look at the insurance industry with real solutions to real problems.

  2. says:

    In this book, insurance lawyer Eric D Gerst defends his stance on the need for federal regulation of the insurance industry His argument is swift and compelling, and he backs all claims with significant research into the insights of industry leaders as well as the anecdotal experience of many consumers To say that the material in this book is quite shocking would be a gross understatement, unless you or someone you know has ever been burned by the insurance industry Sadly, too many Americans In this book, insurance lawyer Eric D Gerst defends his stance on the need for federal regulation of the insurance industry His argument is swift and compelling, and he backs all claims with significant research into the insights of industry leaders as well as the anecdotal experience of many consumers To say that the material in this book is quite shocking would be a gross understatement, unless you or someone you know has ever been burned by the insurance industry Sadly, too many Americans have had negative experiences with their insurers, making the included anecdotes that muchcompelling, as they stand for a common experience rather than an anomaly.Perhaps the most valuable element of this book is its inclusion of a viable solution and plan of implementation Rather than simply identifying the current issues, a point to which many authors seem to limit their analysis, Gerst includes and supports his opinion of the best possible solution The book is thus quite biased, but not undeservedly so Because Gerst is able to so strongly defend his position, his platform becomes a good launch point for further discussion and, hopefully, eventual implementation of insurance industry reform whatever that reform may ultimately be.One of Gerst s greatest strengths as a writer is his conciseness, even brevity At the end of chapter 9, rather than offering a lengthy summary of everything he has discussed in the preceding pages, he concludes by stating simply, The options are on the table We need to act His agenda is clear throughout the text, and he does not mince words trying to make anyone feel good about useless options I admire that approach Even though it may not win him friends among his opposition, it is ultimately a farutilitarian approach for reducing confusion and wasting less time.This book is also especially valuable as a teaching tool for those that may be unfamiliar with many of the intricacies of the insurance industry Gerst writes with simple yet compelling prose that offers a wealth of specific details in a straightforward and uncomplicated manner While industry experts may find the inclusion of such detail somewhat tedious and redundant, it provides a significant boon for the average reader not previously familiar with the complexities of industry laws and regulations This book forces readers to take a good hard look at the current state of affairs in the insurance industry, and contemplate the specific types of reform that will help the industry avoid meltdown and move toward success for insurers, the insured, and state and federal regulators alike

  3. says:

    Some interesting points,the author is somewhat shrill in tone which gets to be annoying.His constant assertion that the fedgov could and should regulate the insurance industry is way off base.Fedgov regulates the banks, and look at what a crappy job they have done of that the last 10 years.Of all the financial firms that had trouble recently,the only insurance company among them was AIG,and that was all due to a subsidiary in London England.Very little helpful information.

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