Tapping Into the Vast Safety Potential of “Loss Prevention” by the Insurance Industry

By Ralph Nader May 17, 2024 A recent newspaper article reports that GEICO, one of the largest auto insurers in the U.S., has amassed a staggering $189 billion in cash, apart from the reserves required by law to insure the volume of potential claims by its policyholders. Angry consumers have cried out about auto insurance…