That's a fine straw-man you've built there. Tell us all which tenant of capitalism supports a company's right to renege on the terms of their own unconscionable contracts? That is how insurance companies operate anymore. You pay the fees, sign the contract, and otherwise fulfill your end of the agreement (and god help you if you breach even the smallest provision in an unrelated contract clause); when it comes time for them to perform per contract, they deny your claim out of hand, then look for any reason they can pretend that you breached the contract, then make you litigate to collect, even when they know they are wrong. Their entire mode of operation is in bad faith. That doesn't magically become "MUH CAPITALISM" just because they issue shares and make a profit. It's still just theft by law-fare and systemic abuse. Made all the worse (to my mind) by the fact that they strike when you are already in poor circumstance. Using the devastation you are suffering as a means to leverage you into taking much less than you are owed, out of desperation. Their real product is piece of mind, knowing that if things go bad you'll survive because you purchased protection. They then promptly undermine that product and render it moot, by showing that they have no intention of fulfilling their contractual obligations (unless it seems like you might have the resources $ to fight back).
Then when folks started to get wise to their games in the 70's-90's, they bought some lawmakers and made certain types of insurance legally mandated, and got in bed with the banks to push regulations requiring you to drastically over-insure. Insurance companies are economic vampires and fraudsters. The shit I have seen them do to people after storms and such here in FL makes my fine with watching them bleed out in the street. I wish that video had audio so I could hear brian beg like a bitch.
Are you mentally deficient in some way, or do you hope that if you lick their boots enough your masters will throw you some scraps from their opulent tables? Maybe you're just in the insurance industry?
To be clear, I have no problems with most agents, mine is salt of the earth and does what she can for me. They are used as shields by, and are also victims of, the same companies as us in many cases.
Though, fuck the agents that steer folks to companies and bad products based on their commission rate alone, and not in the best interest of their clients.
