No, they honestly don't any longer. And they wonder why they are going under. When I moved from VA to Washington, I mailed a lot of my stuff. I had insured my sewing machine and my two dolls -- very expensive ones. Scarlet O'Hara and Melanie. The only thing I got in the mail after 3 months, was a piece of the box top. I've no idea what happened to the dolls, I had insured them for 300.00, and finally around 5 months, I got a check for 250.00.
I also had one other box that came to me tore up and the glass inside was busted all to heck, looked like they used it as a football. It wasn't insured, but that is crap that they do that and don't offer to replace it anyway.
I've been burned twice now by the post office and get really scared about mailing anything off these days. :/