Why is it? I know you may say that there are thousands of insurance companies, however, they are mostly owned by 4 companies. Insurance companies had a lot to do with how the cars manufacturers in the US were affected. Toyota, nor Honda pay insurance to their employees, the govt of Japan does. That way they saved millions a year to invest in their cars. Why do we protect these companies from anti trust law? Lobby? Bribery? Thanks for your answers.
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Because they make more money that way. It's kind of like that famous bank robber who when asked, "Why do you rob banks?" responded, "Because that's where they keep the money."
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