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Why don't they hide?

June 13, 2008

In the aftermath of a natural disaster the dollar amount of the damages can be staggering. One would think that insurance companies would run and hide. Instead they bend-over-backwards to try and be as visible as possible. Jerry-rigged banners pop up on every corner: “Call Blah-Insurance for your claims” followed by 1-800 numbers. Some even set up temporary stands, offices on the fly, etc…Free competition makes them act this way and it’s amazing to see.

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From → Economics, Insurance

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