The insurance industry is a for-profit business, so companies can often delay paying out valid claims in order to increase their profits. Often, they do this by requesting more time to investigate or by arguing that the claim is not legitimate. In other cases, they may delay the payout for bad faith purposes, such as to collect interest on their financial reserves or to punish policyh... https://www.insuracarelife.com/blog/allstate-announces-availability-of-third-quarter-2025-results/