Quote:
Originally Posted by Mxfrank
Many companies self insure. They may have many multiple policies, and if they do business in more than one state, multiple insurers. Not only is it a complicated question, the answer is dangerous. Publishing insurance information invites false claims. Would you mind telling us the name of your auto insurance carrier, policy number, and coverage amount? Who carries your life insurance, what is the benefit value, and who are the beneficiaries? The world in general has no right that information, and you're probably not going to post it here. For the same reasons that a Fortune 500 company wouldn't post it here.
No kidding, if you want to discover the name of their insurer, sue them.
|
The above statement in bold is bothersome. When you, me or anyone gets into a car accident, we are supposed to exchange insurance company information with the other drivers, are we not? Automobile insurers know full well that insurance company information will be exchanged in the event of an accident.
So, why do fortune 500 companies hide the names of their general liability carriers from the public? They sure as h*ll are making money from selling goods or services to their customers, aren't they? Business involves risk and risk is why they carry general liability insurance. Time to cough up the goods to the customers they have screwed over.