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Colossus

Some years ago, Allstate Insurance, in its never ending quest to maximize profits, came up with a software program called “Colossus”.  The program took the details of a personal injury case (such as bills, injuries, treatment, etc.) and used algorithms to determine how much money, if any, was to be paid out in settlement….

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Life Insurance Companies Profiting on Death

Life insurance companies are duping millions of Americans by holding onto death benefits that should be dispersed to families.  An investigation by Bloomberg Markets magazine found that MetLife and Prudential have led the way in secretly making enormous amounts of profits on money owed to the relatives of people who have passed away. Chief…

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