Quote:
Originally Posted by troutman
Why do they need to increase rates when they are making record profits? They are stalling on "minor" injury cases as they await the appeal. So, they are not paying out settlements. Back when this all started, they said they didn't even need a cap.
Lies, lies, and more lies.
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Accounting profits are different from economic profits. You can give a company an allotment of cash today to invest in a project, have that project pay out accounting earnings year after year but still not achieve an economic rate of return.