The insurance industry has been getting hammered lately–in the courthouse, in Congress and in the media–about flood insurance, antitrust immunity, contingency fees, and a host of other controversies. But how would carriers and their producers hold up in front of the toughest critics in the nation–the American Idol judges? In honor of the start of this year's American Idol finals tonight, I imagine what it might be like if this industry had to face the wrath of Simon and company.
***
Ryan: Here on “Insurance Idol,” our first contestant is State Farm, singing the blues over how its handling of Hurricane Katrina claims brought the wrath of the state of Mississippi and Congress down not only on the company, but the entire industry.
Randy: I'm sorry, dawg, but you are completely tone deaf! You're up there singing about policy exclusions and stuff and no one is hearing you, dude. I'm just not feeling your empathy for the policyholder stuck without a home or insurance coverage, my man. You lack the 'yo factor,' you know what I'm saying?
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