SOLICITOR'S EXIT
We appreciate your honesty and your willingness to recognize an unwelcome reception. Please forgive us as we show you the door ...
and the boot.
Please do not come back any time soon. Don't call us, we'll call you.
Aloha
___
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Hawaii Personal Injury and Accident Law News and Cases
For the first 9 months of 2006, the property and casualty insurance industry has again reported record profits. The results from ISO and PCI show that the insurers' profits increased from $29.8 billion in 2005 to $44.9 billion in 2006 - an eye-popping increase of $15.1 billion. These profits look particularly absurd when the actual purpose of insurance companies is examined. Insurance companies were created in order to share risk through a pooled fund. Their only utility arises from paying out claims. Yet claims paid per premium dollar has been dropping for years. The insurance industry is simply a "middle man" who is keeping more and more of the funds that it handles each year.