In a dark day for business journalism, “The Insurance Hoax”–a pure hatchet job in the September 2007 issue of “Bloomberg Markets” about the industry's claims-handling practices–won this year's New York Press Club award for consumer reporting.
I thought I had heard the last of this biased piece when I spoke out against it after the Bloomberg cover story was nominated for the prestigious Daniel Pearl Award for Investigative Reporting, given out by the New York City Deadline Club–an affiliate of The Society Of Professional Journalists.
As a member of SPJ (I love their motto: “If the press didn't tell you, who would?), I wrote an e-mail to the group complaining about the nomination, noting that the publication had failed to give insurers a fair shake or a meaningful chance to respond to the allegations raised, while declining to correct the factual errors pointed out by the Insurance Information Institute.
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