State Farm Settles Another Katrina Claim Lawsuit in Miss.
Southeast News • March 30, 2007
State Farm Fire and Casualty Co. has reached another settlement with a Mississippi Gulf Coast couple who sued the insurer over damage to their home from Hurricane Katrina.
State Farm spokesman ...
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Subject: RE: Where are the supporters of the evil empire now?
Posted On: March 31, 2007, 11:44 pm CDT
Posted By: adjusterrobert
Comment:
adjusterjoe....you obviously don't have any real experience in hanlding claims especially of this magnitude. If you had an understanding of the legal environment that is taking place down along the coast you would understand why State Farm is doing what they are doing. Apparently you can have all the evidence in the world and the judges are still disregarding what is being presented and making their own decisions. Just to burst your bubble, I don't work for any major company so to say that I'm biased would be incorrect. The people along the coast are going to take care of themselves. You will see more insurance companies taking the same position that SF is doing by removing themselves from the market all together. It is now becoming an underwriting nightmare because the contract is worthless especially in larges losses and no one will want to do business in a state where their risk is unknown.
Subject: RE: Where are the supporters of the evil empire now?