Insurers' Profits Increased for First 9 Months Of 2006
Personal Injury News Items
For the first 9 months of 2006, the property and casualty insurance industry has again reported record profits. The results from ISO and PCI show that the insurers' profits increased from $29.8 billion in 2005 to $44.9 billion in 2006 - an eye-popping increase of $15.1 billion. These profits look particularly absurd when the actual purpose of insurance companies is examined. Insurance companies were created in order to share risk through a pooled fund. Their only utility arises from paying out claims. Yet claims paid per premium dollar has been dropping for years. The insurance industry is simply a "middle man" who is keeping more and more of the funds that it handles each year.
In Honolulu, Hawaii, New Year's Day 2025 was ruined by a massive deadly fireworks explosion that happened at a home in Aliamanu. More that a dozen were injured and six people died from their burn injuries. See, Six people have died due to the Aliamanu fireworks explosion. The legal claims of the families who lost loved ones and the other injury victims will almost be limited by the available insurance coverages. Unfortunately, sometimes even the best personal injury attorneys are unable to get full compensation for accident victims of negligent conduct.
Awards and Honors
Martindale Hubbell - AV rated lawyer - Best Rating Possible
Multi-Million Dollar Advocates Forum
AVVO Top Rated Personal Injury Attorney, 10 of 10
ATLA Top 100
Lawyers.com - Rated 5.0 out of 5.0 - Top Rating Possible
National Trial Lawyers - Top 100 Trial Lawyers
Million Dollar Advocates Forum
American Society of Legal Advocates - Top 100 - 2017
Marquis' Who's Who in the World, Who's Who in America and Who's Who in American Law
AVVO Clients' Choice Personal Injury Lawyer
Expertise - Best Car Accident Lawyers in Honolulu 2019
Best Attorneys in America - Life Charter Member
Click on a box below to choose one of our 4 menus:
There is NO CHARGE for sending your case information to our law firm.
The information provided on this website is preliminary
and informational ONLY. It is not legal advice. The use of our
webpages does not establish an attorney-client
relationship. This website is copyright
1999-2020 and the contents of this website are the property of
Personal Injury Attorney William H Lawson. The Terms and Conditions of Use for this website and
our Privacy Policy are available
here for your consideration. All rights reserved.