Cohn, Rios & Anglin - Boston, MA

Lobbyist firm for the P&C Insurance Industry; more specifically they work primarily for stock insurers. AKA the portion of the Industry aimed at screwing the public over for profit. Most insurers started out as mutual companies. I.E. your policy is the same as owning stock with a mutual company. There isn't any publicly traded stock....and no stock shareholders. This is the way Insurance fundamentally needs to be in order to operate on behalf of consumers....Americans. Because what is insurance? It's a pool of money. People voluntarily take a small financial loss in order to avoid a large financial loss. By paying your premium....you've invested in the pool of money...and should have an equity share in it. That pool of money should be owned by everyone who paid in and created it. That's exactly how mutual companies work. The problem is that stock insurers have hijacked the industry. I'm all for free market capitalism except when it comes to insurance. There shouldn't be publicly traded stock for investors to purchase and own a stake of the company. Why? What exactly are they investing in? An insurance company makes no tangible product to sell. All they are is a pool of money people collectively paid into in case they suffer an unexpected loss that would wipe them out financially. So why would anyone want to invest in a company that does nothing more than distribute money back to the people who paid in....when there's no way to predict what they're paying out? Losses are unexpected and largely influenced by weather. So unless you can predict the weather.....why would investing in a company that's nothing more than a pool of money getting paid out based almost exclusively on weather events? Doesn't that seem idiotic when compared to say....investing in Amazon or Walmart? Companies where you can predict the trajectory on for long term sustained success? What on earth could investors be banking on when they purchase stock in an insurance company? A: The company's ability to screw over their insured's and not pay out on claims. How else can you predict the longterm success of an insurance company? If they operate like they should....they're going to pay out more than they take in half or more of every quarter. Stock Insurance Companies by their very definition are looking to screw over the public. This firm works on their behalf to help them do it. When people talk about scum sucking POS lawyers? Cohn, Rios, Anglin, & Wholley....or whatever their latest names are. The names may change but their game remains the same.....and it's to profit by screwing over as many Americans as possible, which is damn near the whole lot of you.