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September 15, 2006

Stopping Insurance Company Abuse

     Insurance companies like to advertise that when you deal with them “You’re In Good Hands” or that they will be “Like a Good Neighbor”.  Advertising is one thing, reality is another. 

     This week the Georgia Insurance Commissioner fined Safeway Insurance Company $500,000.00 for its pattern of unacceptable conduct.  The Sept. 6, 2006 press release by Commissioner Oxendine outlined the terms of an order that put Safeway on probation for the next two years and required it to stop denying injury claims without a reasonable written basis.  The order also forced Safeway to refund money to its customers for improper charges it had used to reduce property damage payments during the last 5 years.

     Unfortunately, the Commissioner’s Office press release didn’t mention the numerous lawsuits and complaints filed by lawyers in recent years against Safeway.  Their efforts to force Safeway to treat Georgians fairly should not have been ignored.

     It would be nice to believe Safeway Insurance Company is the bad apple in the bushel basket, but many lawyers will tell you similar problems exist with many insurance companies they deal with.

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Comments

I HAVE SAFEWAY INSURANCE AND THEY BEEN GIVING THE RUN AROUND WITH MY CLAIM FOR FIVE MONTH'S NOW AND STILL IS.I'VE BEEN MAKING PAYMENTS ON TIME AND THEY STILL GOT ME ON HOLD WITHOUT A CAR.

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