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: kathy - good work
Posted On: August 8, 2007, 12:17 pm CDT
Posted By: adjusterjoe
Comment:
Nobody: It is many times it is me that you are at odds with and I have never stated the insurance companies make too much money, only that they have a problem fairly and equitably settling claims within the policy and its legal obligations. I make my living exclusively from insurance companies and have for over 25 years. The only money issue I have with insurance companies is that they do not pay adjusters enough. The vast majority act with integrity and honesty. There are two or three that want to do things their own way regardless whether it is right or wrong. They hire only adjusters without expeience and indoctrinate them into their philosophy so they might perpetuate their game.
Subject: RE: RE: kathy - good work