(620 quotes found)
“In a year in which a major hurricane devastated parts of the Texas coast, the insurance industry was still able to post exorbitant profits on the backs of Texas homeowners.”
Alex Winslow
“I used to naively believe that heavily regulated industries - airlines, insurance, etc. - would show above-average rates of return due to barriers to entry and, therefore, reduced competition. Clearly that is not the case.”
Alan Brown
“We have been expecting businesses to provide health insurance coverage, but is this fair? Or, should health insurance be like education, a public responsibility?,”
Bernie Sanders
“Union members, for example, are overwhelmingly covered by health insurance - and non-union members overwhelmingly are struggling to get health insurance. That's just one of the many benefits that is affected. It's just a fact of life.”
Bernie Horn
“Being free of hurricanes the last several years has helped [the insurance industry] but other things have negatively impacted capital positions of companies, like the stock market and underwriting losses.”
Andrew Colannino
“This industry really falls into one of those gray areas, where a lot of state insurance commissioners can't regulate them because they are considered securities instruments.”
Bob Martin
“As a rule of thumb, you should never buy insurance from someone who is selling you something else. These are bad values where significant commissions are being paid out.”
Bob Hunter
“Insurance companies do charge very significantly different prices. You can easily pay 50% more if you go to the wrong company.”
“Willis is a big insurance brokerage and very profitable,”
Ben Holmes
“The problem is that none of this is market-based. If individuals were responsible for insuring their homes and individual communities were responsible for restoring their beaches, it would be a whole different scenario.”
Andrew Coburn
