Treasury Insurance Bailouts Could Signal Trouble for Policyholders, InsuranceBureau.com Reports
Financial bailouts from the U.S Treasury department have not just kept banks afloat but extended a lifeline to big name insurance companies such as Prudential, The Hartford and most notably AIG, says InsuranceBureau.com.
North Hollywood, CA (Vocus/PRWEB ) December 8, 2008 -- Financial bailouts form the U.S Treasury department have not just kept banks afloat but extended a lifeline to big name insurance companies.
This is just another problem that consumers and insurance policyholders need to worry about. If a policyholder’s insurance carrier is receiving bailout money because the insurance premiums they received were invested in risky vehicles in the stock market, then the likelihood that the carrier has the funds to pay a claim is greatly compromised.
InsuranceBureau.com can help consumers find information on current, up-to-date financial ratings and news concerning various insurance companies. We also can aid in finding comparative insurance quotes if an individual feels a need to switch to another carrier.
Insurance quotes can fluctuate in price due to variations in an insurance company’s underwriting criteria, profits or losses of the previous year. The key to saving money on insurance quotes is to regularly compare insurance quotes from different carriers. Website visitors can use InsuranceBureau.com to compare insurance quotes.
InsuranceBureau.com is also a trusted source for unbiased insurance information for consumers.
InsuranceBureau.com
6400 Laurel Canyon Blvd, Ste 460
North Hollywood, CA 91606
Phone: 800.647.2164
Fax: 800.647.2142
http://www.InsuranceBureau.com
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