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Interim Report: No Proof Insurers Labeled Katrina Wind Claims as Flood

National News • August 16, 2007
A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal ...

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Subject: It Happened - but you can't prove it - here's why....

Posted On: August 16, 2007, 3:24 pm CDT
Posted By: New Orleans agent
Comment:
I had multiple insureds come in claiming that neighbors and relatives were told by their Direct writer adjuster that they would pay them full policy limits on flood if they dropped their wind claim.

My insureds were as you can imagine put off by the fact that this was happening while their company was adjusting the claim correctly.

Now try and find one of those insureds that was paid full policy limits on a partially flooded house to come and testify to their fraud. Not going to happen.

For investigation purposes they should look at those claims that paid policy limits and did not file or collect under the wind policy.

Only then will you catch the companies that frauded all of the american taxpayers and hurt the independent agents reputations down here.
Subject Posted By Posted On
It Happened - but you can't prove it - here's why.... New Orleans agent
Aug 16, 2007, 3:24 pm
RE: RE: RE: Sample was representative - maybe not Ratemaker
Aug 16, 2007, 2:13 pm
RE: RE: Sample was representative - maybe not Not a Stats Dude
Aug 16, 2007, 1:47 pm
RE: Sample was representative - maybe not Statistics Dude
Aug 16, 2007, 1:30 pm
Sample was representative Flood Guy
Aug 16, 2007, 1:01 pm
What was the sample size? Anon
Aug 16, 2007, 9:38 am
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