[S-H] Lott Ready for Insurance Battle
The Sun-Herald is reporting:
[Lott] said insurers assumed they could mistreat Mississippians after Hurricane Katrina, as they have done to customers in Florida and Alabama.
“You may try it and you may get away with it, but you’re going to go through the wringer before you get there because we’re not going to take it,” Lott said as Rotarians applauded. He decried record industry profits and an 82 percent pay increase for State Farm CEO Edward Rust Jr. while the industry denies claims, cuts back on coverage and raises rates.
“We’re not looking for war,” he said. “We’re looking for peace and a solution. But sometimes, to get a good result, you have to be prepared to take on the fight and take some of the flak that comes with it. In Washington, if you take on the insurance industry, you better bring your lunch. I’ve got mine.”
Posted by ladd at 05:31 PM in Legislature, Insurance, MS Newspapers, News, National | Email this entry
Comments:
No comments yet.
