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General Chicago Music2h ago

Insurance industry makes millions each day claims go unpaid, analysis shows

Insurance industry makes millions each day claims go unpaid, analysis shows

A new analysis shows that delaying home insurance claims for just a day or a week can add millions of dollars in profit collectively for the insurance industry. For each day of delays on home insurance claims, the industry takes in an extra $8.8 million in interest and investment income, according to an analysis by the independent financial institution rating firm Weiss Ratings for the nonprofit C

Read the full story at Chicago Sun-Times

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