The U.S. vs. Russia Men’s Hockey game this weekend was fantastic in every regard. It was evenly matched, well-played and a nail biter with a sudden death overtime, and even eight rounds of shootout. Making the game even better was that the team I was rooting for won, the U.S. Men. And to top it all off, the exceptional performance by T.J. Oshie was entertaining and his humble attitude, refreshing. That game had it all.
T.J. Oshie played so well, some in the press are referring to the games as the Soshie Olympics. This is quite an honor for this outstanding hockey player from Warroad, Minnesota. Keep up the good work, we are all looking forward to more great hockey with hopes of seeing “Oshie Takes on Sochi, part II.”
By now you are wondering, how is this relevant to a blog about insurance? Like the other posts about the Olympics, the immediacy of knowing who won and who lost in sporting events is part of what makes them exciting. Let’s contrast that with the insurance industry, where opacity rules and transparency is considered a four letter word.
Here is an example of how any industry should not work. I first bought insurance when I bought my first car while going to college. I paid the insurance company premiums for nearly 25 years, and then I was hit by a car. For nearly 25 years the insurance company thought I was wonderful, until the accident occurred. The steps after the accident are documented in the book “Injured Money” scheduled for release March 17. The short version of the actions my insurance company took include modifying my medical records, making it appear as if the injuries were not caused by the accident.
While that is a story that captures people’s interest, it’s not my story that matters. My story is water under the bridge. What matters is that similar stories are still happening to other people.
What is needed now is for the insurance industry, consumers and elected officials to come together, finding ways to help people buy insurance from companies that will protect them. This can be done. In this blog, we are looking to find out what people want to know about their insurance company. What information would you like to have to help you make good insurance purchasing decisions.
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