On May 12, 7:41*pm, who are you? wrote:
*Insurance companies seem to think that they should be guaranteed a
profit of 20% or more even though they (historically) make stupid
investment and underwriting decisions. There is allot of money to be
saved on redundant and over-protective administration efforts in
insurance that can easily be cut if some of the regulations were cast to
protect them from outlandish non-medical but more procedural claims.
Also, if they go back to safe time honored investments, they can
eliminate or repurpose whole departments. Finally, removing or reduce
commissions on government, social contracts and big "gimee contacts"
would save them tons alone.

If you are so certain insurance companies can save lots of money, you
should create your own insurance company. With all the money your
company saves using your brilliant ideas, you will be able to
outcompete the other companies and dominate the insurance market.