\”According to the American Insurance Association, National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America\”…
They are the three sources of the story. Is this legislation as troublesome as they suggest?
Troublesome? Not to me its not. I am an insurance broker and this is a soft market. Washington\’s decision to shoot themselves in the foot is going to better my book of business as the costs of placing insurance go up. See, people are going to be quick to say that \”big insurance companies\” deserve this regulation. Well, go on ahead and blame \”the man.\” He, and us brokers and agents, will only be richer.
TODAY MY CASE AGAINST A BAD STATE FARM INSURED DRIVER WAS DISMISSED IN NORTH CAROLINA. THIS GUY RAN ME OFF THE ROAD I AM DISABLED BECAUSE OF THE WRECK AND NO LAWYER WANTED MY CASE BECAUSE OF THE MESS THE FIRST ATTORNEY MADE OF THE CASE AND THE HIGH PROFILE LAWYER STATE FARM ASSIGNED TO THE CASE IS RUNNING THE COURT HOUSE HERE AND HE THINKS HIS s___ DON’T STINK. THIS IS MY FIRST ACCIDENT AND I HAD TO FIGHT THIS ALONE FOR THE LAST YEAR. I DID’NT MAKE IT TO THE COURT ROOM ONLY HEARINGS. THE STATE FARM ATTORNEYS
PUSHED ME RIGHT DOWN THE DRAIN BUT AS OF 01/30/08 I AM GOING TO FIGHT FOR THIS BILL TO BE A PART OF NC AND SC I DRIVE IN BOTH STATES DAILY. AND I WAS REALLY SCREWED BY THE SYSTEM TODAY. I AM TOTALLY DISABLED,I WAS SELF EMPLOYEED, MY MEDS ARE 19,648.00 THE OFFERED ME 21,500 THE DRIVER HAS A HISTORY OF WRECKLESS DRIVING AND A 100,000.00 POLICY . I LOST MY FUTURE AND THEY WANTED ME TO TAKE THE 21,500 AND TAKE A VACATION OR GO SHOPPING I GUESS.
Well, Sheila, you go girl. I had to fight Hartford Insurance in Washington State after they refused to honor their policy. Once I found a great attorney to handle my case on contingency (Hackett Beecher and Hart) Hartford eventually threw in the towel and paid us. The judgement amount was nearly 5.5 million.
We were the first big IfCA award in Washington State history; however, had our case begun after the IFCA went into effect, Hartford would have been up for many millions more in punitive damages. You can see the press release on the case on http://www.oldfriendfootwear.com … somehow, other than http://www.badfaithinsurance.org, the case hasn’t been available by search on the internet. Look for Australia Unlimited versus Hartford insurance. The little guy can defeat the behemoth insurance companies…and the law did work. Of 2200 IFCA filings, only a couple of cases have gone to court…the remainder were all settled by the insurance companies. With no penalty for denying good claims, there would have been no way all those cases would have settled prior to the IFCA.
Best of luck in getting a similar law enacted in your state. Jim Klavano
Any governor who signs a bill like this is rooting for a spot on the annual Top Ten Judicial Hellholes list.
\”According to the American Insurance Association, National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America\”…
They are the three sources of the story. Is this legislation as troublesome as they suggest?
Troublesome? Not to me its not. I am an insurance broker and this is a soft market. Washington\’s decision to shoot themselves in the foot is going to better my book of business as the costs of placing insurance go up. See, people are going to be quick to say that \”big insurance companies\” deserve this regulation. Well, go on ahead and blame \”the man.\” He, and us brokers and agents, will only be richer.
As for the consumer, I\’d hate to be you.
TODAY MY CASE AGAINST A BAD STATE FARM INSURED DRIVER WAS DISMISSED IN NORTH CAROLINA. THIS GUY RAN ME OFF THE ROAD I AM DISABLED BECAUSE OF THE WRECK AND NO LAWYER WANTED MY CASE BECAUSE OF THE MESS THE FIRST ATTORNEY MADE OF THE CASE AND THE HIGH PROFILE LAWYER STATE FARM ASSIGNED TO THE CASE IS RUNNING THE COURT HOUSE HERE AND HE THINKS HIS s___ DON’T STINK. THIS IS MY FIRST ACCIDENT AND I HAD TO FIGHT THIS ALONE FOR THE LAST YEAR. I DID’NT MAKE IT TO THE COURT ROOM ONLY HEARINGS. THE STATE FARM ATTORNEYS
PUSHED ME RIGHT DOWN THE DRAIN BUT AS OF 01/30/08 I AM GOING TO FIGHT FOR THIS BILL TO BE A PART OF NC AND SC I DRIVE IN BOTH STATES DAILY. AND I WAS REALLY SCREWED BY THE SYSTEM TODAY. I AM TOTALLY DISABLED,I WAS SELF EMPLOYEED, MY MEDS ARE 19,648.00 THE OFFERED ME 21,500 THE DRIVER HAS A HISTORY OF WRECKLESS DRIVING AND A 100,000.00 POLICY . I LOST MY FUTURE AND THEY WANTED ME TO TAKE THE 21,500 AND TAKE A VACATION OR GO SHOPPING I GUESS.
Well, Sheila, you go girl. I had to fight Hartford Insurance in Washington State after they refused to honor their policy. Once I found a great attorney to handle my case on contingency (Hackett Beecher and Hart) Hartford eventually threw in the towel and paid us. The judgement amount was nearly 5.5 million.
We were the first big IfCA award in Washington State history; however, had our case begun after the IFCA went into effect, Hartford would have been up for many millions more in punitive damages. You can see the press release on the case on http://www.oldfriendfootwear.com … somehow, other than http://www.badfaithinsurance.org, the case hasn’t been available by search on the internet. Look for Australia Unlimited versus Hartford insurance. The little guy can defeat the behemoth insurance companies…and the law did work. Of 2200 IFCA filings, only a couple of cases have gone to court…the remainder were all settled by the insurance companies. With no penalty for denying good claims, there would have been no way all those cases would have settled prior to the IFCA.
Best of luck in getting a similar law enacted in your state. Jim Klavano