Health, Life Insurers Invest in Fast Food

Posted on Apr 18, 2010 in Uncategorized

 

A new study finds that companies selling health and life insurance invest nearly $2 billion in fast food restaurants, Scientific American reports. Insurers that “profess to support health and wellness” are raising doubts with their choice of investments, the study authors wrote, since fast food has been tied to worrisome health effects such as obesity. Life and disability insurer Northwestern Mutual holds the most stock in fast food with $422.2 million invested in burger chains including McDonald’s. The study was published online in the American Journal of Public Health.

US News and World Report