Editor's Note: This is the first of a planned series of monthly columns by Lynne McChristian, the Florida representative for the Insurance Information Institute. For more than 40 years, the mission of the Insurance Information Institute has been to improve public understanding of insurance — what it does and how it works. The Institute does not lobby. Its central function is to provide accurate and timely information about insurance subjects. In keeping with her organization's mission, McChristian will discuss current industry issues, topics, rumors, and public misconceptions (“They Say, Hearsay”), and offer responses and tactics to address them (“We Say”).
They Say, Hearsay
“I've been paying insurance premiums for 18 years, with no claims. That means my payments have been pure profit for my insurance company.”
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