To identify the worst insurance companies for consumers, researchers at the American Association for Justice (AAJ) undertook a comprehensive investigation of thousands of court documents, SEC and FBI records, state insurance department investigations and complaints, news accounts from across the country, and the testimony and depositions of former insurance agents and adjusters. Our final list includes companies across a range of different insurance fields, including homeowners and auto insurers, health insurers, life insurers, and disability insurers.
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Here is a list of the worst insurance companies and how they deny claims and raise premiums.
1. ALLSTATE
2. UNUM
3. AIG
4. STATEFARM
5. CONSECO
6. WELLPOINT
7. FARMERS
8. UNITEDHEALTH
9. TORCHMARK
10. LIBERTY MUTUAL
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