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Chester Said:

Which insurance companies often do business with China?

We Answered:

You're doing this backwards. You have to go to China, the yellow pages, or whatever, and see which insurance companies have a presence there.

I don't know if there are ANY, though. China is a communist country - I doubt they'd allow a US insurance company to operate a US based business there.

Christina Said:

Why are there Americans who keep defending the unfair business practices of the health insurance companies?

We Answered:

What you describe is illegal Kelly.

That is not happening. People sometimes do not understand what it is that they have purchased and become upset when coverage is denied or canceled. Best thing to do is read the contract before you sign.

It will state what is covered and not covered. It will also state the terms under which the contract can be canceled. Read it you may be surprised at what you have bought. But in the end it is what you agreed to.

Dirk - I am unaware of any State that requires mandatory car insurance. Please give an example.

Mattie Said:

Did Obama imply that Anti Trust Laws were VIOLATED by Big Business & Insurance Companies?

We Answered:

No. You don't understand business and anti trust laws.

Melanie Said:

Now a days ICICI,Newyork,Viva like life insurance companies are comming up. To show more and more business is?

We Answered:

On it sites are good top links for decisions of your problem http://webfin3.notlong.com/5AA97Eh

Nathaniel Said:

OK.We have seen many companies and business going out business.How come we never heard of any insurance co?

We Answered:

Actually they go out of business or into State supervised receivership all the time. The reason you don't hear about it is because they are usually smaller less capitalized companies that don't get the headlines.

Often these companies write higher risk types of insurance that are more volatile in terms of projected losses. The losses overwhelm the premiums collected and because of the thin capitalization the companies can't "ride it out".

The larger companies are better capitalized and stay away from the unpredictable high risk lines of insurance.

Check your State insurance department's web site I will bet that there are companies in receivership.

Theresa Said:

Where can I find banner ads for business insurance companies?

We Answered:

They are usually readily available from your marketing rep for each of your carriers. Call your marketing rep.

Rosemary Said:

Do you think the Public Insurance OPTION would drive private companies out of business?

We Answered:

If the government thinks they can run health insurance better than the Private sector then they should go ahead and do it.

HOWEVER, they need to run it as an independent entity. They can not draw funds from outside sources.

If I choose to have Government health care then I will check that box on the W4 form and they can make the appropriate tax deductions. If not I will go with my own carrier and not pay into the system.

That seems fair. They feel they can run it better...let them compete. It's when we are forced to use or pay for Gov Care that the problems arise.

Let them compete in a free market if they are convinced they can do it better.