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bpilgrim (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:20 AM Original message |
Insurers balk at paying out to 1 million Katrina flood victims |
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JCMach1 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:23 AM Response to Original message |
1. Salvo 1 for an industry bailout by the FEDS |
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BooScout (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 07:09 AM Response to Reply #1 |
14. Not likely |
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TankLV (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:44 AM Response to Reply #14 |
35. It was baled out after Iniki and Iwa in Hawaii - a surcharge was added |
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blue sky at night (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:24 AM Response to Original message |
2. really nothing new here......... |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 01:00 AM Response to Reply #2 |
9. It's a matter of what's in the contract. |
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BooScout (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 07:06 AM Response to Reply #9 |
13. Exactly correct.... |
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lynne (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 07:35 AM Response to Reply #13 |
16. You are right - |
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BooScout (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 07:39 AM Response to Reply #16 |
17. Not necessarily.... |
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lynne (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 08:07 AM Response to Reply #17 |
18. Isn't your mortgage company listed as lienholder - |
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Saintgermane (207 posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:32 AM Response to Reply #18 |
31. As a lender... |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:40 AM Response to Reply #16 |
33. The poorest of the poor probably could not afford renter's insurance |
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oneold1-4u (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 10:25 AM Response to Reply #13 |
27. Subsidize your neighbor |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:55 PM Response to Reply #27 |
40. Actually some Florida insurers did go out of business a few years |
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lynne (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 02:25 PM Response to Reply #40 |
45. Quite a few insurers - |
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Laelth (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 04:36 PM Response to Reply #9 |
48. I think there is something wrong with that. |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 09:58 PM Response to Reply #48 |
49. There's no "fine print" issue here, it's clear what's covered and what's |
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losdiablosgato (649 posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:37 AM Response to Reply #49 |
65. Meet why I have flood insurance |
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lynne (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 06:39 AM Response to Reply #48 |
55. Insurance contracts are like all other contracts - |
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SemperEadem (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 10:17 AM Response to Reply #48 |
68. As long as insurance companies have strong lobbyists in DC |
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Laelth (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 06:17 PM Response to Reply #68 |
80. As I understand it ... |
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SemperEadem (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 10:18 AM Response to Reply #48 |
69. dupe |
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420inTN (803 posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:26 PM Response to Reply #48 |
83. If you don't read any contract you sign you are an idiot. |
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Laelth (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:48 PM Response to Reply #83 |
86. LOL |
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420inTN (803 posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:54 PM Response to Reply #86 |
87. Re: "I'm too busy to read every contract I sign" |
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Laelth (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 09:08 PM Response to Reply #87 |
89. No offense taken. |
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420inTN (803 posts) Send PM | Profile | Ignore | Mon Sep-12-05 09:25 PM Response to Reply #89 |
91. It wasn't a contract for the xrays |
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NeoConsSuck (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:43 PM Response to Reply #9 |
51. I don't think the courts will buy it.. |
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MercutioATC (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 03:44 PM Response to Reply #51 |
74. Try having water back up in your basement because of a storm. |
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tsuki (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 06:35 AM Response to Reply #9 |
54. Flood damage was once when the waters rose, now it is if you |
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Abathar (56 posts) Send PM | Profile | Ignore | Mon Sep-12-05 06:52 AM Response to Reply #54 |
56. No, a quick rule of thumb |
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tsuki (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 07:30 AM Response to Reply #56 |
61. Check your Florida policy. |
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salin (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 10:37 AM Response to Reply #2 |
28. given the quickness to try to loophole out of payouts |
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defiant1 (452 posts) Send PM | Profile | Ignore | Mon Sep-12-05 09:55 AM Response to Reply #2 |
66. You hit that on the head.... |
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notadmblnd (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:25 AM Response to Original message |
3. looks like bush just made himself another mess o' poor people |
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Blue_Tires (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:32 AM Response to Original message |
4. kicked/nominated |
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bluedeminredstate (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:35 AM Response to Original message |
5. Do floods |
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Lochloosa (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 09:17 AM Response to Reply #5 |
21. In a storm surge...yes... |
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oda (51 posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:40 AM Response to Original message |
6. hey? |
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blue neen (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 01:15 AM Response to Reply #6 |
10. Unfortunately, there is no logic. |
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lynne (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 07:30 AM Response to Reply #10 |
15. The car will be covered for flood and water damage - |
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blue neen (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:40 PM Response to Reply #15 |
39. This once again will hit the people who can least afford it the hardest. |
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Abathar (56 posts) Send PM | Profile | Ignore | Mon Sep-12-05 06:57 AM Response to Reply #39 |
57. Do you think we should all pay more |
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blue neen (1000+ posts) Send PM | Profile | Ignore | Tue Sep-13-05 02:05 AM Response to Reply #57 |
93. No, I didn't suggest that at all. |
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Name removed (0 posts) Send PM | Profile | Ignore | Sun Sep-11-05 02:54 AM Response to Reply #6 |
12. Deleted message |
oneold1-4u (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 10:42 AM Response to Reply #6 |
29. The "time it takes" |
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serryjw (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:49 AM Response to Original message |
7. IF a house is not standing |
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Sgent (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:59 AM Response to Original message |
8. My grandparents lost their house... |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 01:00 PM Response to Reply #8 |
42. I am very sorry. I think the experience of your gransparents will |
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ShockediSay (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 01:19 AM Response to Original message |
11. It's the insurance companies, stupid n/t |
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Gman (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 09:06 AM Response to Original message |
19. Insurance is gambling and insurance companies are "the house" |
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catmandu57 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 09:14 AM Response to Original message |
20. GODDAMN RAT BASTARD WEASEL EXTORTINISTS |
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Celebration (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 09:39 AM Response to Original message |
22. All true |
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emad (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 09:41 AM Response to Original message |
23. UK insurers facing meltdown |
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Scout1071 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 09:44 AM Response to Original message |
24. We need to find out which companies won't pay and enact a boycott. |
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IndianaGreen (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 10:19 AM Response to Reply #24 |
26. What did you really expect from the capitalist system, justice? |
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oneold1-4u (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 10:11 AM Response to Original message |
25. They pay-you pay! |
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oneold1-4u (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:08 AM Response to Original message |
30. They don't enable |
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BooScout (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 02:53 PM Response to Reply #30 |
47. They should have paid whether he drowned or not.... |
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mbperrin (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 07:13 AM Response to Reply #47 |
59. "The industry is regulated" - in Texas, we have regulatory |
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genieroze (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:37 AM Response to Original message |
32. If there wasn't a hurricane there wouldn't be flooding. |
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katinmn (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:43 AM Response to Original message |
34. Then they shouldn't take their money! |
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0007 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:47 AM Response to Original message |
36. The biggest snakes in the world are the Insurance Companies. |
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yorgatron (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:05 PM Response to Reply #36 |
38. you can say that again! |
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NYC (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 09:09 PM Response to Reply #38 |
90. Well done, yorgatron. |
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0007 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 11:49 AM Response to Original message |
37. The biggest snakes in the world are the insurance companies. |
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barb162 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 12:58 PM Response to Original message |
41. I suspect a lot of the homes hardest hit had no insurance at all |
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BiggJawn (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 01:20 PM Response to Original message |
43. "In other Business News, State Farm breaks ground on new World HQ..." |
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freemen2005 (226 posts) Send PM | Profile | Ignore | Sun Sep-11-05 01:24 PM Response to Original message |
44. CONTRACTUAL OBLIGATIONS |
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Chicago Democrat (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 02:32 PM Response to Reply #44 |
46. You have our special "no claim" clause which specifically excepts |
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The Magistrate (1000+ posts) Send PM | Profile | Ignore | Sun Sep-11-05 10:02 PM Response to Original message |
50. These People Are Pigs, Mr. Pilgrim |
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daleo (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 12:23 AM Response to Original message |
52. I wonder how the lack of autopsies will play into this? |
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lynne (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 06:31 AM Response to Reply #52 |
53. Life insurance claims aren't so much the problem - |
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Nihil (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 07:01 AM Response to Reply #53 |
58. Er, not so fast with that one? |
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lynne (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 07:22 AM Response to Reply #58 |
60. They will obviously only pay to the beneficiary - |
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Nihil (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 10:58 AM Response to Reply #60 |
70. Ok, so maybe I'm just misunderstanding something here ...? |
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lynne (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 02:40 PM Response to Reply #70 |
71. Sorry, I may have misunderstood your question - |
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blindpig (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 07:46 AM Response to Original message |
62. insurance is a racket |
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leesa (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:01 AM Response to Original message |
63. They're more than willing to collect the premiums though. |
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JPZenger (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:10 AM Response to Original message |
64. Many Policies Also Don't Cover "Wind Driven Rain" |
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lynne (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 02:47 PM Response to Reply #64 |
72. "Wind Driven Rain" - |
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lakeguy (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 10:08 AM Response to Original message |
67. BS! that's all i gotta say... |
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Coventina (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 03:23 PM Response to Original message |
73. Time to sue for bad faith. |
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MrTriumph (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 04:18 PM Response to Original message |
75. U.S. Senator Mary Landrieu, D-La., called them 2 separate events |
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lynne (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 04:49 PM Response to Reply #75 |
76. She is correct - |
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MrTriumph (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 07:28 PM Response to Reply #76 |
82. Thanks for assisting with an explanation |
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TexasBushwhacker (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 04:56 PM Response to Original message |
77. If you live in the 100 year flood plain ... |
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Endangered Specie (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 04:59 PM Response to Original message |
78. Hmmm, reminds me of a similiar problem in the 1940's... |
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Deja Q (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 05:11 PM Response to Original message |
79. Uh, don't people buy insurance in case of emergencies? Otherwise, |
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librechik (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 07:16 PM Response to Original message |
81. what the hell is a million times a million??? |
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420inTN (803 posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:38 PM Response to Reply #81 |
85. One trillion dollars. n/t |
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KamaAina (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:30 PM Response to Original message |
84. The exact opposite of what they did after 9/11 |
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Tight_rope (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 08:58 PM Response to Original message |
88. Well...It's the just the rich fucking the poor again...nothing new!...n/t |
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cyr330 (1000+ posts) Send PM | Profile | Ignore | Mon Sep-12-05 09:26 PM Response to Original message |
92. Guess who the courts will side with? |
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Sgent (1000+ posts) Send PM | Profile | Ignore | Tue Sep-13-05 02:37 AM Response to Original message |
94. IMHO |
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lynne (1000+ posts) Send PM | Profile | Ignore | Tue Sep-13-05 05:25 AM Response to Reply #94 |
95. Several national insurance companies sell Flood Insurance - |
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Sgent (1000+ posts) Send PM | Profile | Ignore | Tue Sep-13-05 05:37 AM Response to Reply #95 |
96. Not true |
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lynne (1000+ posts) Send PM | Profile | Ignore | Tue Sep-13-05 05:47 AM Response to Reply #96 |
97. My point was - |
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Sgent (1000+ posts) Send PM | Profile | Ignore | Tue Sep-13-05 05:53 AM Response to Reply #97 |
98. Ahh.... |
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