<TABLE class=forumline border=0 cellSpacing=1 cellPadding=3 width="100%"><TBODY><TR><TD class=row1 vAlign=top width=150 align=left>hjx
Joined: 10 Jun 2005
Posts: 1488
</TD><TD class=row1 height=28 vAlign=top width="100%"><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD width="100%">
Posted: Mon Nov 23, 2009 7:56 pm Post subject: Should the Govt Take action ?</TD><TD vAlign=top noWrap>
</TD></TR><TR><TD colSpan=2><HR></TD></TR><TR><TD colSpan=2>on the errant Car Workshop /assessor / doctors who help inflate insurance claims ?
the fact that it is a industry fact that many claims are highly inflated means that something illegal is on-going and yet they allow it to go on
the result is that the insurance companies will never stop increasing insurance premiums as they will always make "losses"
such "losses" will eventually be borne by consumers, who owns or even those who dun own a cars and inflate the economy further. Those who owns car will keep seeing higher insurance premium year after year, just because the "claims" is high and most of the time, the money do not even go to the car owners or victims. Those who dun owns car will also be affected, as the buses, taxis, planes and ships all have to pay higher premium, so u think they will absorb it or pass on to us?
so again .. just because the GOVT is not taking actions against such practices, they are creating a lot more inflation and costs to many people all around ...
so can the GOVT really DO something useful ...</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
Joined: 10 Jun 2005
Posts: 1488
</TD><TD class=row1 height=28 vAlign=top width="100%"><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD width="100%">
Posted: Mon Nov 23, 2009 7:56 pm Post subject: Should the Govt Take action ?</TD><TD vAlign=top noWrap>
</TD></TR><TR><TD colSpan=2><HR></TD></TR><TR><TD colSpan=2>on the errant Car Workshop /assessor / doctors who help inflate insurance claims ? the fact that it is a industry fact that many claims are highly inflated means that something illegal is on-going and yet they allow it to go on
the result is that the insurance companies will never stop increasing insurance premiums as they will always make "losses"
such "losses" will eventually be borne by consumers, who owns or even those who dun own a cars and inflate the economy further. Those who owns car will keep seeing higher insurance premium year after year, just because the "claims" is high and most of the time, the money do not even go to the car owners or victims. Those who dun owns car will also be affected, as the buses, taxis, planes and ships all have to pay higher premium, so u think they will absorb it or pass on to us?
so again .. just because the GOVT is not taking actions against such practices, they are creating a lot more inflation and costs to many people all around ...
so can the GOVT really DO something useful ...</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
