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: RE: RE: RE: RE: RE: BTW
Posted On: August 10, 2007, 7:59 am CDT
Posted By: adjusterjoe
Comment:
Wrong. Not a public adjuster. If you do not use jurisprudence in your deliberations then you end up, as does State Farm, with bad faith suits out the wazoo. I have zero bad faith claims in my career. You must have many annually.
My living comes directly from the insurance industry. I do not hate the industry. I do have a distrust for State Farm as they have exhibited a proclivity to abuse their insureds and in the casualty market they routinely deny and refuse to investigate legitimate claims. State Fram is responsible for more anti-insurance industry case law than all other companies combined.
Subject: RE: RE: RE: RE: RE: RE: RE: RE: BTW
My living comes directly from the insurance industry. I do not hate the industry. I do have a distrust for State Farm as they have exhibited a proclivity to abuse their insureds and in the casualty market they routinely deny and refuse to investigate legitimate claims. State Fram is responsible for more anti-insurance industry case law than all other companies combined.