[K-Dog]

This is a true sign of collapse.

WSJ.COM • 2026-05-30

The Home-Insurance Coin Flip: Nearly Half of Claims Result in Zero Payout

Home insurers pitch policies as a financial peace-of-mind safety net, but in a disaster customers can find the apparent guarantee of compensation evaporates.

Insurance companies will be the first to fully embrace A.I.  It is the perfect way to deny claims.  While everyone else is using A.I. to simply log customer complaints in the round file, insurance companies will be ruining lives.

RAPIDCLAIMS.AI • 2026-01-08

Average Claim Denial Rate in 2026: Benchmarks and Key Drivers

Claim denials continue to rise as payer policies evolve and clinical documentation requirements become more detailed and tightly enforced.

LOUISLAWGROUP.COM • 2026-04-21

These 16 Insurance Companies Denied Over Half of All Homeowner Claims in 2025

16 major insurers closed 50-78% of homeowner claims with zero payment in 2025.

[RE]

This is a true sign of collapse.


Insurance companies will be the first to fully embrace A.I.  It is the perfect way to deny claims.  While everyone else is using A.I. to simply log customer complaints in the round file, insurance companies will be ruining lives.

I have always considered insurance to be a total ripoff.  My one experience was with my one and only New Car I bought with my ex-wife.  I had to carry a full policy including repairs and collision besides liability and when the tranny quit they refused to pay for it because I didn't have all the receipts for my engine oil changes, which I did myself. Never mind I kept a log book of all the changes and engine oil has nothing to do with a tranny failure.  After that, I only carried liability, and only for a couple of months when I had to renew my registration.  Otherwise, I drove the other 50 years of my driving life uninsured, except for my trucking years where the company I leased to picked up the tab.  I saved over $50K in premium payments this way just on liability, double that if you include collision, repairs, fire and theft.  Fortunately of course I was a fabulous driver and went accident free my entire life, including 1M miles behind the wheel of a big rig.  Never carried any other type of insurance..

The whole biz model is designed around refusing claims.  The more claims they refuse, the bigger the profits.  There is no other way for the biz to make money, other than taking the money you pay and either investing it or handing out loans.

AI will definitely make getting claims paid in disputes, where it is already almost impossible to win.  The Insurance Company holds all the cards and a huge legaL dept stuffed with Harvard and Yale Law School grads while you have Jo Schmo from Devry Night School who you met at the bar and handled your divorce. LOL.  I'm sure their IT depts are now also stuffed with AI algo designers from Cal Tech and MIT working day and night with their own AI Agents designing new algos to rip you off while they burn gigawatts of electricity on supercomputers raising your power bill for your McMansion and EV car while they do it.

The answer to insurance company rip offs is simple.  Don't own anything worth insuring. 😀  For me, even my life isn't worth insuring.  lol,

RE