Tuesday, July 21, 2009

What's insurance for

A few weeks after my dislocated shoulder incident, I received a letter from our insurance seeking to determine how the injury was sustained. Natural I suppose, but I was a little disappointed. The tone of the form letter suggested a desire to apportion blame (and hence recover costs of treatment).

Any insurance company whose function has devolved into blame assignment instead of risk management seems to have lost its usefulness in society.

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