The American Association of Justice has released its report entitled “The Ten Worst Insurance Companies in America: How They Raise Premiums, Deny Claims, and Refuse Insurance to Those Who Need It Most.” The report cites Allstate as the country's worst insurer.
Allstate gained its status as America's worst insurer through its "deny, delay, defend" claims practices, and its cover-up of the McKinsey documents in which elite consultant McKinsey & Co. advised Allstate how to bilk policyholders out of billions of dollars in claims. Trial Guides book From Good Hands to Boxing Gloves broke this story two years ago, and has received national media coverage since that time. The lawyer-only version of the book covers the McKinsey documents in detail, includes the complete text of 14,000 documents, and discusses the ramifications on citizens making insurance claims with Allstate.
Now, for the first time, From Good Hands to Boxing Gloves has been released in a public version The book describes how Allstate, and other insurers with claims systems created by McKinsey, have reaped billions in improper profits on the backs of the American public. It even discusses how insurers profited by denying Katrina claims and forced the financial burden on taxpayers instead.
Other McKinsey insurers listed in the Top Ten Worst Insurance Companies, and using similar claims tactics include:State Farm (#4), Farmers (#7) and Liberty Mutual (#10). To learn more about insurance and the way it affects you, your family and friends, read From Good Hands to Boxing Gloves.
"It's a story Allstate doesn't want told." - BusinessWeek, "In Tough Hands With Allstate", May 1, 2006
"This book is phenomenal in bringing the wrongdoings of a major company to light. It is about time that the truth be told!" -Shannon Kmatz, former Allstate adjuster
"Where was this book twenty-five years ago when I started prosecuting personal injury cases? To understand how Allstate works you only need to read a few pages. This is truly a fantastic book. A must read for every plaintiff personal injury attorney." - Mark A. Steinberg, Steinberg & Linn, P.A.