BethYland53 | Shared With: Everyone - Mar 27 2008 | Car Insurance, Auto Insurance, Insurance, Automotive Insurance
Informative car insurance article covering some of the auto insurance industries best kept secrets.
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This is pretty amazing. A 10.2% "benefits/medical loss ratio" means that the insurance company kept 89.8% of people's money (premiums) for themselves in profit and administration.
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A public experiment that was better in theory than in practice: "In the end, the restrooms, installed in early 2004, had become so filthy, so overrun with drug abusers and prostitutes, that although use was free of charge, even some of the city’s most destitute people refused to step inside them."
1 FaverViewed: 3 TimesQuoted: After spending $5 million, Seattle officials decided to close the city’s five automated public toilets, which had become filthy and costly.
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