GEICO Shutters California Branches
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I was just thinking lately, too of all the life insurance companies paying out so much more than expected. Are they at risk of losing so much that they no longer maintain their contracts?
Filed under "Highly Probable".....
Insurance isn’t a right. Insurance is when a business decides to accept your risk for a fee. Private business, if they don’t want your risk they should not have to take it. And State Farm closed a call center. The agents are all still there. 0 impact to customers. Misleading writing.
...I didn't read the article that way...
Despite the company’s continued services for residents, the closures would have an impact on customers, former California Insurance Commissioner Dave Jones told The Epoch Times.
“It makes it more difficult for those customers who want to actually meet in person with an agent, or those that are challenged in terms of using computers or don’t want to go through the hassle of holding on a phone call,”
"The company is the latest to scale back on providing insurance policies for Californians."
...why are they closing all 38 branches in California...