Political Quotes

Bob Menendez: So, to me, in terms of incentives, this structure clearly seems to influence the Write-Your-Owns to be more conservative…

On the recordJuly 29, 2014
So, to me, in terms of incentives, this structure clearly seems to influence the Write-Your-Owns to be more conservative when adjusting for claims, which leads to policyholders being low-balled.
Said by
Bob Menendez
Democratic · New Jersey

Editor's note · Context

Menendez discusses how the current structure affects insurance claim adjustments.

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