Katrina at Two Years: $40.6 Billion Paid on 1.7 Million Insurance Claims
National News • August 7, 2007
Two years later, the "overwhelming majority of claims" in Gulf Coast states from Hurricane Katrina have been settled in what has been the single largest loss — $40.6 billion — in the history of ...
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Subject: RE: RE: Re: adjusterjoe
Posted On: August 7, 2007, 4:31 pm CDT
Posted By: adjusterjoe
Comment:
Truth is 90% of those whining about not being covered were fully aware that they needed flood coverage. However, many lived in areas that had NEVER SEEN FLOOD WATER BEFORE FROM ANY CAUSE. That does not change the FACT THAT WIND DAMAGED HOMES BEFORE THE WATER!!!!! These people just find it hard to believe that they were and are offered NOTHING FOR WOIND DAMAGE. State Fram and Nationwide made the corporate decision to DENY any wind damage on contract clauses THEY KKNEW would be struck down. I have said it before, they could have saved a lot of grief and money and paid reasonable wind damage on first call and it would all be behind them now. They chose the usual State Farm path of go to h*#@ if you don't like our way.
Subject: RE: RE: Re: adjusterjoe