Nope.
My health insurance is through my employer, I can't change it...
I've been considering changing my auto insurance, I'm sure I could get
something cheaper. I have NO IDEA if my car insurance co is actually any good
because in the last 10 years I've had them I've never filed a claim... They
could be HORRIBLE but as long as I don't actually need them I'll never know.
I've heard that Geico is terrible for denying claims but people go to them
every day.
-Curt
Date: Tue, 22 Sep 2009 20:36:23 -0400
From: "LarryT" <l02tur...@comcast.net>
Subject: Re: [MBZ] sing it again, Sam
To: "Mercedes Discussion List" <mercedes@okiebenz.com>
Message-ID: <f98d7b86567649148ffdbe43bfc6e...@toshibalaptop>
Content-Type: text/plain; format=flowed; charset="iso-8859-1";
reply-type=original
You wrote<<first responsibility is to its bondholders, its second to its
shareholders,
then (a distant third) to policyholders>>
Not necessarily, IMO. If the policyholders are treated poorly they will go
elsewhere, if enough are treated poorly - and in your example I assume *all*
would - pretty soon there wouldn't be many customers and the company would
not have many (any?) investors (stockholders) leaving the bondholders
holding the bag.
If *any* company wants to be of value to their shareholders (who are the
owners of the company) the company must be receptive to their customers.
IMO , it doesn't matter if they are for profit or not. Actually the case
could be made that a non-profit might treat customers worse.
Capitalism *will* work, if the government do-gooders can stay out of it.
The customer will drive the company toward excellence or they will go
elsewhere. Same with shareholders - people w
ho do their due diligence before buying stock will look at how customers are
treated - because that's the only product the company can provide "service".
If a company has poor rating when dealing with the customer it will perform
poorly - and the stock will also.
Later -
LarryT
OilAnalysis Time?
Looking for Weber Parts or Porsche Posters?
www.youroil.net
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