AmTrust Buys Tower Insurance But Finds a Way to Not Pay Tower’s Pending Claims

JASON CIERI | July 11, 2018

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Most people think insurance companies are flush with billions in cash as they continually underpay and deny claims. For most of the big insurance companies, this is true, but for some smaller companies spread across the country and localized in certain states, solvency can become an issue. Often, insurance companies such as Tower Insurance get bought out or declare bankruptcy because they do not have enough assets to pay their claims and overhead, or other larger insurance companies squeeze them out of the market.

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Alper Services LLC

Established in 1966, Alper Services understood that to be a great insurance agency meant more than just getting low premiums. It meant really understanding our Clients'​ business and uncovering their Total Cost of Risk: their claims history, their unique risk exposures, marketing their story in the right way, and ultimately achieving the best and most competitive insurance premiums.

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Spotlight

Alper Services LLC

Established in 1966, Alper Services understood that to be a great insurance agency meant more than just getting low premiums. It meant really understanding our Clients'​ business and uncovering their Total Cost of Risk: their claims history, their unique risk exposures, marketing their story in the right way, and ultimately achieving the best and most competitive insurance premiums.

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