Myth #9 “Your lawyer is the only one that will win. He makes a third of whatever he gets you.”

Truth: Big Insurance Executive’s salaries, bonuses and insurance company greed, such as with massive insurance company AIG,  led to the Wall Street crash.

Have you read about executive salaries and bonuses on Wall Street? CEO’s of major insurance companies are making tens, if not hundreds, of millions of dollars each year. These salaries and bonuses are so high that many on Wall Street blame these executives for nearly destroying our economy in 2008 and 2009. Big Insurance CEO’s do not make this kind of income by motivating your adjuster to pay you what you deserve. (more…)