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Sat, 29 Nov 2025 03:32:12 -0800 Andy from private IP, post #18088333 /all The Business of Insurance and some of its dirty secrets I'm going to start blogging on the new firm website. https://www.watters.law/articles/1-The-Business-of-Insurance.php #Education #LawFirm Sat, 29 Nov 2025 13:27:15 -0800 TribalBarConnection from private IP Reply #12713922 👍 Having worked in it. Yeah, dirty business. I would say more but can't without breaking privilege. Glad I got everything I could out of them for my personal benefit. Always put yourself first with Insurance companies. The first 20 minutes of the incredibles is a documentary on the industry. Sun, 30 Nov 2025 05:13:22 -0800 whiteguyinchina from private IP Reply #10878023 At the core isnt i surance essentially an investment firm that invests premium proceeds from policy holders and keeps the profits? And which is guaranteed a bailout in case it is bankrupt? Sun, 30 Nov 2025 05:55:35 -0800 Andy from private IP Reply #12458949 Yes, it is-- but the better and more accurate you are at assessing risk, the more profit you make. That's why I have my CCW legal plan, which I think hits the jackpot of insurance-type offerings: https://www.watters.law/CarryCA/Replies require login.
@12713922 Andy 👍