You're Not In Good Hands With Allstate

Staff Writer
Contributor
Posted by Staff WriterFebruary 24, 2006 8:02 AM

According to an article published in the July 2005 issue of "The New Mexico Trial Lawyer" Allstate insurance company has devised a plan to increase it profits at the expense of its policyholders and those injured by Allstate insureds. The article entitled "False Promises -- Allstate, McKinsey and the Zero Sum Game" by David J. Berardinelli describes how Allstate has discovered that it can significantly increase its profits by attacking small claims which are far more numerous than large ones.

According to documents uncovered from Allstate, adjusters are now supposed to attack these claims with "boxing gloves" rather than the "good hands" they advertise. Unfortunately Allstate can get away with this underhanded strategy because most states do not have any statutes that permit policyholders and claimants to demand binding arbitration. This is just another example of why "you are not in good hands with Allstate."

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David Berardinelli
Posted by David Berardinelli
March 08, 2006 6:29 AM

Those interested in learning more about this very damaging evidence of CCPR institutional bad faith may be interested in checking out my up-coming book which contains an even more in depth analysis of McKinsey & Company's role in creating Allstate's CCPR system in the image of its then star client-Enron. The book will contain many more direct quotes from the McKinsey slides showing how McKinsey deliberately set out to change the ethical structure of casualty insurance from the Fiduciary Principle to its Enron Principle. The book will be entitled "From Good Hands to Boxing Gloves" and is available through Trial Guides.

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