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Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry Posters
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List Price: $24.00Amazonaws.com's Price: $18.72 You Save: $5.28 (22%)
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Binding: Hardcover
Dewey Decimal Number: 368.973
Fabric Type: 9780814400265
Fax Number: illustrated edition
Legal Disclaimer: 0814400264
Maximum Color Depth: AMACOM
Metal Type: AMACOM
Publisher: 1
Region Code: 256
Total External Bays Free: April 23, 2008
Total Firewire Ports: AMACOM
AMACOM
Features:- ISBN13: 9780814400265
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Editorial Review:
Product Description:
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 -- and most probably will -- hurt us. Vulture Culture is a hard-hitting exposé 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 claimants.
The book takes readers into a world of bid-rigging, fraudulent commissions, and secret payoffs, revealing shocking abuses and ominous new trends. Readers will hear about a rogues 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 its too late.
Book Description:
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 couldâand most probably willâhurt us. Vulture Culture is a hard-hitting exposé of the sorry state of the industry, from tales of rampant, widespread corruption to inconsistent state regulations and the inabilityâand often unwillingnessâof the federal government to protect the rights of denied claimants.
The book takes readers into a world of bid-rigging, fraudulent commissions, and secret payoffs, revealing shocking abuses and ominous new trends. Readers will hear about a rogueâs 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 itâs too late.
Average Rating: 
Rating:  -
This is a very interesting read of some very timely issues in the insurance issue. It is also a strong argument for the Federalization of the Insurance Industry by someone who has been involved in the legal side of the industry. It will be interesting to revisit the premise of the book in five years from now.
Rating: -
In this tough economy everyone is watching their spending, trying to make that buck stretch just a little further, and insurance companies are no different. If you have ever had to make a claim, you may already be aware of the problems associated with getting what is fair. The people effected in some of the recent disasters, Hurricane Katrina, Rita, Wilma, Gustav, Ike and the California wildfires, know all too well what it's like not to receive a fair claim payment from their insurance companies, ... Read More
Rating: -
This is a timely and important book. Although insurance companies have been getting much bad press the last few years, especially after Hurricane Katrina, this is the first place it has been this thoroughly documented in one place. It's well-written and easy to read. The author doesn't solely regurgitate facts but goes through numerous case studies so you can see countless individuals have been sacrificed to corporate greed and corruption. The title seems a little over the top, but is based on an ... Read More
Rating: -
I knew from the title that this wasn't going to be an insurance industry snoozer. The stories are at the same time gripping and maddening, portraying an absolute mess and one-sided system - like a movie plot, but unbelievably, real! The end proposes solutions that make a lot of sense and give you hope that this crises can be solved before the industry implodes.
It's a fast and great read - everyone should buy an extra copy & mail to their government representative - send a 1-page ... Read More
Rating: -
This book is a must read. It gives a clear picture of just how faulty the insurance business can be because of cracks in laws related to insurance. The author not only shows you where we could end up in insurance, he also gives simple practical solutions to make the insurance industry better and more secure, especially for consumers like you and me. This book is compelling and is full of stories and examples everyone can relate to.
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