How the Insurance Industry Shortchanges Accident Victims to Earn Billions More in Profits

Recently discovered secret documents held by Allstate Insurance Company show how the company purposely shortchanged legitimate claims to reap billions more in profits.



The documents were created by a business consulting firm hired by Allstate in the early 1990's. The firm, McKinsey and Company, recommended that Allstate adopt a policy to intentionally pay out less money to accident victims who filed legitimate claims. Although the claims filed by accident victims were clearly

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