Leslie Scism
speaker
504 appearances
9 recordings
1 series
first heard Sep 2017
last heard May 2023
Leslie Scism’s voice in public audio — every appearance, attributed to the second.
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Appearances
There are basically two kinds of major insurers in this country.
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There are those owned by their policyholders.
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So it's a relatively easy decision for those companies to say, let's share some of their outsized profits back with their policyholder owners.
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The public ones generally have to worry about shareholders and meeting profit goals with their shareholders.
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But at the same time, if they're out getting bad headlines about being greedy, about not sharing this money with their customers, the shareholders themselves have to worry that these policyholders could take their business elsewhere.
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That's a good question.
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It's generally thought that the car insurance segment is a rare bright spot in the entire insurance landscape right now.
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A lot of other parts of the industry are going to experience higher claims
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One of the other very large lines of business in the United States for the insurance industry is workers' compensation.
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All employers must buy workers' compensation.
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The healthcare workers, nurses, other medical staff, all kinds of employees in hospitals and maybe paramedics and even first responders,
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They're expected to end up filing a lot of workers' comp claims related to them coming into contact with the coronavirus in the course of their work duties.
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So the workers' comp insurers are going to probably have a bad quarter, a bad second quarter, etc.
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Oh, it's my pleasure.
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Thank you.
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WSJ Your Money Briefing · The Hottest Thing in Life Insurance Has Serious Risks · 6 Jan 2020
podcast
This product is a combination savings and death benefit product, and the savings earns interest that is tied to the broader U.S.
stock market.
That ability to earn some kind of stock market-like return is very appealing to many people.
The insurance industry pitches this as a product that offers a market-like return or some portion of a market return, while at the same time, they won't pass on losses from the stock market.
But in exchange for that protection on the downside, the insurance company will cap how much of the gain
Showing 401–420 of 504 · page 21 of 26
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