01 Jan Insurance Industry Woes Could Hit Consumers
Nobody wants to feel sorry for life insurance companies. They’re just the annoying folk who make you think about death, cash your checks, and then give you grief if you ever have to file a claim, right?
Don’t be so cynical. These are challenging times for the insurance industry. Company representatives meeting in Washington for the annual American Council of Life Insurers conference seemed downright gloomy, and were eager to tick off the troubles facing them.