Customer Reviews

Vulture Culture: Dirty Deals, Unpaid Claims, and the Coming Collapse of the Insurance Industry

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This book is a must read. It gives a clear picture of just how faulty the insurance business can be because of cracks in laws related to insurance. The author not only shows you where we could end up in insurance, he also gives simple practical solutions to make the insurance industry better and more secure, especially for consumers like you and me. This book is compelling and is full of stories and examples everyone can relate to.

This book is a thorough analysis of the insurance industry and the many problems that are plaguing it. It's well-paced, and filled with facts and andecdotes that are sometimes alarming, and ultimately illuminating. More than a critique, he offers compelling solutions to the crisis, which makes this book a powerful tool in the push for reform. The editorial cartoons are excellent as well.

This is a timely and important book. Although insurance companies have been getting much bad press the last few years, especially after Hurricane Katrina, this is the first place it has been this thoroughly documented in one place. It's well-written and easy to read. The author doesn't solely regurgitate facts but goes through numerous case studies so you can see countless individuals have been sacrificed to corporate greed and corruption. The title seems a little over the top, but is based on an actual award given out by an insurance company for people who cut down on claims!

Before reading this book, I wasn't sure insurance companies deserved all the bad press they've gotten. Now I know they deserve even more than they get! I was really saddened to read about the heart-wrenching stories related to long-term care and sick children.

Caveat emptor when buying insurance. Read the fine print in your policies carefully, and check out your insurance company. Consumer ratings can be eye opening.

This is a very interesting read of some very timely issues in the insurance issue. It is also a strong argument for the Federalization of the Insurance Industry by someone who has been involved in the legal side of the industry. It will be interesting to revisit the premise of the book in five years from now.

I knew from the title that this wasn't going to be an insurance industry snoozer. The stories are at the same time gripping and maddening, portraying an absolute mess and one-sided system - like a movie plot, but unbelievably, real! The end proposes solutions that make a lot of sense and give you hope that this crises can be solved before the industry implodes.

It's a fast and great read - everyone should buy an extra copy & mail to their government representative - send a 1-page summary to George W. in case he doesn't read it!

This book explained pretty much every thing even the layman knows about the insurance industry. It fails to explain why they don't pay, how to get them to pay or any remedies available to the victim of this disgusting industry.

Perhaps it's my own fault for buying the wrong book, but telling me the insurance industry is dirty for over 200 pages is redundant. I and every American knows that. There could have been much greater emphasis on the "what" rather than the why. Preferably, "how one gets their claim paid"

Or "How one can deal with these vultures" rather than the "coming collapse". To melodramatic and not practical enough.

In this tough economy everyone is watching their spending, trying to make that buck stretch just a little further, and insurance companies are no different. If you have ever had to make a claim, you may already be aware of the problems associated with getting what is fair. The people effected in some of the recent disasters, Hurricane Katrina, Rita, Wilma, Gustav, Ike and the California wildfires, know all too well what it's like not to receive a fair claim payment from their insurance companies, you're better off believing a poker player than a insurance claims adjuster in most cases. Many insurance companies are constantly under investigation by the department of insurance and have paid large fines and settlements for unfair claims practices, just run an advanced search on your insurance carrier and see just how many lawsuits have been filed against your insurance company for wrongfully denied claims, minimal pay outs, bad faith and many unfair claims tactics.

Historically the insurance industry is known for taking advantage of storm victims by doing such things as delaying payments and not showing up to the property in a reasonable time to inspect the damage, even when they promise a 24-hour response service. "You're lucky if you hear from your insurance adjuster three weeks after the hurricane makes landfall," says Steve Slepcevic Read your policy carefully before the disaster happens and read this book among others to avoid the pitfalls...