I want to tell you how completely disgusted I am that there are still companies and agents that would prey upon the young men and women that are serving our country, in many instances young soldiers preparing for deployment to Iraq. Seizing this incredibly sensitive and exposed period in their lives, they use every trick in the book to load them up with coverages that are inappropriately priced, may well be ill-matched to the financial needs of the soldier, and they do it all for one lousy reason, personal profiteering, profiteering on those who would literally put their lives on the line to protect our freedoms. That is about as low as you can get. ... Frankly, I am disappointed that the State insurance commissioners have allowed this to go as far as they have.
Earl Pomeroy: “I want to tell you how completely disgusted I am that there are still companies and agents that would prey upon the…”
Editor's note · Context
Addressing predatory insurance practices targeting military personnel.
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