Insurance CTP Scam

[1300hayabusa]

A spokesman for the Motor Accidents Authority, which oversees green slip premiums, said claims had risen by about 15 per cent in 2008-09 and the global financial crisis meant a massive drop in investment returns - both of which forced up premiums.

That's the crux of the matter, right there. - We're subsidising these a-holes' bonuses. The GFC is NOT our problem, yet we are being milked to prop up a bunch of wealthy executives' lifestyles.

Rainbow,that G on the front means us too and it is still/will be our problem for a while,we let our pecker head politicians take us for a ride and the fare will not change,being like ostriches will not make it go away.
I agree that we are being milked sideways using every excuse under the sun but as mentioned by others it was the gov,probably the howard one,who gave free reign to these asswipes to do what they want,remember HIH insurance?????when they went down the shitter everyone had to take it in the ass and the gov didn't do a thing.
Some like me where lucky enough to get their claims finalized before they went on their golden way but a lot of others got done over with no one in the gov helping their out of pocket citizens.