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	<title>Comments on: How insurance companies work</title>
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		<title>By: help</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-47605</link>
		<dc:creator>help</dc:creator>
		<pubDate>Tue, 04 Jan 2011 22:31:19 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-47605</guid>
		<description>[...] How insurance companies work &#124;  POWIP [...]</description>
		<content:encoded><![CDATA[<p>[...] How insurance companies work |  POWIP [...]</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-47605" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('47605', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-47605-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-47605" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('47605', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-47605-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: CarInsurance Guru</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-32501</link>
		<dc:creator>CarInsurance Guru</dc:creator>
		<pubDate>Mon, 13 Sep 2010 07:13:22 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-32501</guid>
		<description>Looking for cheapest Automobile insurance rates? The least expensive car insurance rates are likely if you&#039;re ready do some work to learn about your insurance plan and then deal with a number of insurance companies to get estimates that will result in the lowest car insurance rates. Click below to view a simple Ten Point checklist to get the Best Available &lt;a href=&quot;http://www.guruautoreview.com&quot; rel=&quot;nofollow&quot;&gt;Wisconsin Automobile Insurance Rates&lt;/A&gt;!</description>
		<content:encoded><![CDATA[<p>Looking for cheapest Automobile insurance rates? The least expensive car insurance rates are likely if you&#8217;re ready do some work to learn about your insurance plan and then deal with a number of insurance companies to get estimates that will result in the lowest car insurance rates. Click below to view a simple Ten Point checklist to get the Best Available <a href="http://www.guruautoreview.com" rel="nofollow" onclick="pageTracker._trackPageview('/outgoing/www.guruautoreview.com?referer=');">Wisconsin Automobile Insurance Rates</a>!</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-32501" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('32501', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-32501-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-32501" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('32501', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-32501-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: orlando seo</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-23623</link>
		<dc:creator>orlando seo</dc:creator>
		<pubDate>Sat, 26 Jun 2010 08:50:40 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-23623</guid>
		<description>This is 3 times now that i’ve landed on your website in the last three days while searching Bing for absolutely unrelated things. Kinda weird. Keep up the good work!</description>
		<content:encoded><![CDATA[<p>This is 3 times now that i’ve landed on your website in the last three days while searching Bing for absolutely unrelated things. Kinda weird. Keep up the good work!</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-23623" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('23623', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-23623-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-23623" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('23623', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-23623-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: shahjunaid</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-20687</link>
		<dc:creator>shahjunaid</dc:creator>
		<pubDate>Fri, 21 May 2010 09:03:16 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-20687</guid>
		<description>Thanks sir i found this very will</description>
		<content:encoded><![CDATA[<p>Thanks sir i found this very will</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-20687" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('20687', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-20687-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-20687" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('20687', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-20687-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: Clark Peoples</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-11193</link>
		<dc:creator>Clark Peoples</dc:creator>
		<pubDate>Thu, 26 Nov 2009 17:49:04 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-11193</guid>
		<description>My point is that when one has to carry insurance by writ of law that then insurance companies no longer care much of the catastrophic events they pay against.  They can simply ram any needed premium increase down the premium pipe and onto the heads of those who, by law, must carry prop insurance.

It skews the whole equation.  Prop insurance companies end up with less incentive to investigate the validity of claims. 

*Disclaimer - I have never had an auto accident that was my fault.  I have never filed a auto insurance claim.  I have never had a property insurance claim.  Not one.  Pay premiums, that&#039;s all I&#039;ve done.  Pay, pay, pay for insurance that&#039;s never once paid me.  Maybe this effects my opinion.</description>
		<content:encoded><![CDATA[<p>My point is that when one has to carry insurance by writ of law that then insurance companies no longer care much of the catastrophic events they pay against.  They can simply ram any needed premium increase down the premium pipe and onto the heads of those who, by law, must carry prop insurance.</p>
<p>It skews the whole equation.  Prop insurance companies end up with less incentive to investigate the validity of claims. </p>
<p>*Disclaimer &#8211; I have never had an auto accident that was my fault.  I have never filed a auto insurance claim.  I have never had a property insurance claim.  Not one.  Pay premiums, that&#8217;s all I&#8217;ve done.  Pay, pay, pay for insurance that&#8217;s never once paid me.  Maybe this effects my opinion.</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-11193" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('11193', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-11193-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-11193" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('11193', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-11193-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: General Tso's Chicken</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-11158</link>
		<dc:creator>General Tso's Chicken</dc:creator>
		<pubDate>Thu, 26 Nov 2009 08:33:54 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-11158</guid>
		<description>There&#039;s no therapy for stupid. Thor is shit out of luck.</description>
		<content:encoded><![CDATA[<p>There&#8217;s no therapy for stupid. Thor is shit out of luck.</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-11158" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('11158', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-11158-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-11158" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('11158', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-11158-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: Loki</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-11146</link>
		<dc:creator>Loki</dc:creator>
		<pubDate>Wed, 25 Nov 2009 22:57:26 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-11146</guid>
		<description>Thor, may I suggest that you get professional help?

You are insane and it&#039;s getting worse over time, dude. 

Please, for your sake, for your family&#039;s sake (that is if they still talk to you) and for the safety of the people around you, seek help.</description>
		<content:encoded><![CDATA[<p>Thor, may I suggest that you get professional help?</p>
<p>You are insane and it&#8217;s getting worse over time, dude. </p>
<p>Please, for your sake, for your family&#8217;s sake (that is if they still talk to you) and for the safety of the people around you, seek help.</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-11146" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('11146', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-11146-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-11146" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('11146', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-11146-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: Meep</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-11144</link>
		<dc:creator>Meep</dc:creator>
		<pubDate>Wed, 25 Nov 2009 22:04:40 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-11144</guid>
		<description>Again, if you hate the idea of profits, you can always go for a mutual company. I used to work for TIAA-CREF which is a nonprofit corporation. They&#039;ve got some good products in life insurance and annuities.

Yes, someone is making money [actuaries don&#039;t do their work for free, neither do claims adjusters, etc.], but you don&#039;t have to be concerned with the explicit profit motive.</description>
		<content:encoded><![CDATA[<p>Again, if you hate the idea of profits, you can always go for a mutual company. I used to work for TIAA-CREF which is a nonprofit corporation. They&#8217;ve got some good products in life insurance and annuities.</p>
<p>Yes, someone is making money [actuaries don't do their work for free, neither do claims adjusters, etc.], but you don&#8217;t have to be concerned with the explicit profit motive.</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-11144" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('11144', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-11144-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-11144" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('11144', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-11144-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: DarthRove</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-11135</link>
		<dc:creator>DarthRove</dc:creator>
		<pubDate>Wed, 25 Nov 2009 19:07:05 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-11135</guid>
		<description>I love how the entire business world is structured around the monolithic goal of fucking thor up the ass as much as possible. Bad business world! Bad! Bad!</description>
		<content:encoded><![CDATA[<p>I love how the entire business world is structured around the monolithic goal of fucking thor up the ass as much as possible. Bad business world! Bad! Bad!</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-11135" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('11135', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-11135-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-11135" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('11135', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-11135-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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		<title>By: Clark Peoples</title>
		<link>http://powip.com/2009/11/how-insurance-companies-work/comment-page-1/#comment-11123</link>
		<dc:creator>Clark Peoples</dc:creator>
		<pubDate>Wed, 25 Nov 2009 16:35:56 +0000</pubDate>
		<guid isPermaLink="false">http://powip.com/?p=2471#comment-11123</guid>
		<description>Until an insurance company actually goes under from a catastrophic event they&#039;ll simply pay every baseless claim and pass the costs on to those who are mandated to have prop insurance.  

It&#039;s a nice racket to be in if you can get a seat on the corporate jet.</description>
		<content:encoded><![CDATA[<p>Until an insurance company actually goes under from a catastrophic event they&#8217;ll simply pay every baseless claim and pass the costs on to those who are mandated to have prop insurance.  </p>
<p>It&#8217;s a nice racket to be in if you can get a seat on the corporate jet.</p>
<p>Like or Dislike: <img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="up-11123" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_up.png" alt="Thumb up" onclick="javascript:ckratingKarma('11123', 'add', 'powip.com/wp-content/plugins/comment-rating/', '1_14_');" title="Thumb up" /> <span id="karma-11123-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img style="padding: 0px; border: none; cursor: pointer;" onmouseover="this.width=this.width*1.3" onmouseout="this.width=this.width/1.2" id="down-11123" src="http://powip.com/wp-content/plugins/comment-rating/images/1_14_down.png" alt="Thumb down" onclick="javascript:ckratingKarma('11123', 'subtract', 'powip.com/wp-content/plugins/comment-rating/', '1_14_')" title="Thumb down" /> <span id="karma-11123-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded>
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