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: RE: RE: RE: RE: RE: RE: Where are the supporters of the
Posted On: April 6, 2007, 4:42 am CDT
Posted By: will
Comment:
LOL,,,, you guys kill me. My personal experience is that I was slabbed. My carrier, a very well known carrier, fought some at first after an initial payment for a roof, then after hiring my own experts they agreed to pay about 50 cents on the dollar for contents and structure. I live 500' from the mean tide line on the gulf of mexico. my neighbors all with statefarm and nationwide have NOT been so lucky. Of 22
13 had SF or NW and a couple were offered 500 dollars and the rest NOTHING. MY company also and the concurrent causation clause in its policy and they admitted off the record at settlement they didnt feel it would hold up in court thus they paid me for damages based on my forensic meteorolgy report.
and fwiw insurance is available, i just rebuilt my home and have affordable coverage for both wind and hail and fire and theft from the SAME carrier who paid out after katrina. Yes i have had to take more of the risk thru deductibles but so be it.
the latest crazy State Farm thing is now they are trying to dismiss cases where the insured has received an SBA loan to rebuild with. Now for sure SBA will make you assign insurance proceeds to them but this is just another ploy by state farm. Already struck down over in Louisiana just hitting the courts here in Mississippi.
Subject: RE: RE: RE: RE: RE: RE: RE: Where are the supporters of the
13 had SF or NW and a couple were offered 500 dollars and the rest NOTHING. MY company also and the concurrent causation clause in its policy and they admitted off the record at settlement they didnt feel it would hold up in court thus they paid me for damages based on my forensic meteorolgy report.
and fwiw insurance is available, i just rebuilt my home and have affordable coverage for both wind and hail and fire and theft from the SAME carrier who paid out after katrina. Yes i have had to take more of the risk thru deductibles but so be it.
the latest crazy State Farm thing is now they are trying to dismiss cases where the insured has received an SBA loan to rebuild with. Now for sure SBA will make you assign insurance proceeds to them but this is just another ploy by state farm. Already struck down over in Louisiana just hitting the courts here in Mississippi.