USAA Defends Its Katrina Response Against Comments by Miss. AG Hood
Southeast News • February 1, 2007
In response to a recent pending settlement involving State Farm Insurance, certain victims of Hurricane Katrina and the State of Mississippi, USAA or United Services Automobile Association, came ...
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Subject: RE: USAA
Posted On: February 2, 2007, 12:51 am CST
Posted By: Robert J. Koenig
Comment:
United Services Automobile Association is an unincorporated reciprocal inter-insurance exchange: wherein each subscriber/policy holder is responsible to pay all the claims of all the other members. USAA is not a corporation or even a mutual insurance corporation - as is State Farm.
I note in passing that attorney Richard Scruggs, whose house was constructively slabbed, is a USAA policyholder. I find it infinitely amusing that Scruggs has achieved a settlement for slabbed State Farmers - but not for his own slabbed self. There is a certain poetic irony there: cobbler's children going without shoes or something like that.
The problem at USAA is that the attorney in fact [AIF], Robert G. Davis, persists in importuning the putative "members" of this unincorporated entity that they belong to a special club where their special unified interests (as military or former military officers) will be looked after in a particularly sensitive and special manner.
Right!
But when you scrutinize the record at USAA, it is clear that Robert G. Davis (and Herres and McDermott before him) are abundantly fierce litigators against the very beneficiaries whose funds "they hold in trust" as the individual personal attorney-in-fact and trustee for each of the individual 2.5 million members of USAA.
And how can that be – and why does the trustee and attorney in fact for all that money abuse his own beneficiaries? Just Google "USAA v anybody" – and you will be perfectly amazed at Robert G. Davis's systematic pattern of litigation against his own beneficiaries.
Robert G. Davis loves to litigate: like his friend in the White House – Robert G. Davis's attitude about litigation is "bring it on".
But the real reason why Robert G. Davis is in love with his $2 billion litigation reserve is that this $2,000,000,000 is removed from the supervision of the Texas Department of Insurance and becomes the slush fund by which Robert G. Davis palm's the members funds and invests it in outrageous enterprises that have nothing to do with the operation of an unincorporated reciprocal inter-insurance exchange.
And the reason why USAA members get so mad is that the epiphany that they are not special and are about to have to litigate with and against their own fellow members is a very unpleasant denouement.
Robert G. Davis and his lawyers and co-conspirators don't like me because I persist in writing this sort of trash about them.
In fact, because I can not bring myself to stop writing about this fascinating con-man, Robert G. Davis actually induced Nassau County (NY) Supreme Court Judge Robert Roberto to throw me in jail for a week over the Christmas season in 2005.
Judge Roberto extorted $25,000 from my family to let me out - and stole the money.
Nothing concentrates the mind like going to jail.
But if you want to stay ahead of the curve at and about USAA, stay tuned to the legal case True v USAA which is about to unfold in US District Court for the Western District of Texas: you can track that case at true-v-usaa.com.
(PS: I live in Cairo, Egypt and the Swiss Phone number, +41.22.5481638, is for real.)
Subject: RE: USAA
I note in passing that attorney Richard Scruggs, whose house was constructively slabbed, is a USAA policyholder. I find it infinitely amusing that Scruggs has achieved a settlement for slabbed State Farmers - but not for his own slabbed self. There is a certain poetic irony there: cobbler's children going without shoes or something like that.
The problem at USAA is that the attorney in fact [AIF], Robert G. Davis, persists in importuning the putative "members" of this unincorporated entity that they belong to a special club where their special unified interests (as military or former military officers) will be looked after in a particularly sensitive and special manner.
Right!
But when you scrutinize the record at USAA, it is clear that Robert G. Davis (and Herres and McDermott before him) are abundantly fierce litigators against the very beneficiaries whose funds "they hold in trust" as the individual personal attorney-in-fact and trustee for each of the individual 2.5 million members of USAA.
And how can that be – and why does the trustee and attorney in fact for all that money abuse his own beneficiaries? Just Google "USAA v anybody" – and you will be perfectly amazed at Robert G. Davis's systematic pattern of litigation against his own beneficiaries.
Robert G. Davis loves to litigate: like his friend in the White House – Robert G. Davis's attitude about litigation is "bring it on".
But the real reason why Robert G. Davis is in love with his $2 billion litigation reserve is that this $2,000,000,000 is removed from the supervision of the Texas Department of Insurance and becomes the slush fund by which Robert G. Davis palm's the members funds and invests it in outrageous enterprises that have nothing to do with the operation of an unincorporated reciprocal inter-insurance exchange.
And the reason why USAA members get so mad is that the epiphany that they are not special and are about to have to litigate with and against their own fellow members is a very unpleasant denouement.
Robert G. Davis and his lawyers and co-conspirators don't like me because I persist in writing this sort of trash about them.
In fact, because I can not bring myself to stop writing about this fascinating con-man, Robert G. Davis actually induced Nassau County (NY) Supreme Court Judge Robert Roberto to throw me in jail for a week over the Christmas season in 2005.
Judge Roberto extorted $25,000 from my family to let me out - and stole the money.
Nothing concentrates the mind like going to jail.
But if you want to stay ahead of the curve at and about USAA, stay tuned to the legal case True v USAA which is about to unfold in US District Court for the Western District of Texas: you can track that case at true-v-usaa.com.
(PS: I live in Cairo, Egypt and the Swiss Phone number, +41.22.5481638, is for real.)