Sep 5, 2010
STATEFARMSUCKS3: State Farm Sucks is on Mixx.com Chatter http://www.mixx.com/users/statefarmsucks1/chatter
STATEFARMSUCKS3: State Farm is in the HALL OF SHAME (claims denied) & (BAD-FAITH PRACTICES) http://www.badfaithinsurance.org
STATEFARMSUCKS3: State Farm Sucks is on Playlist.com Blogs http://www.playlist.com/user/52932296/blog
STATEFARMSUCKS3: Please read how State Farm FAILED customers after a devastating tragedy. http://bit.ly/SFSucks
Adding Depositions of State Farm Employees to State Farm Sucks http://awesomescreenshot.com/090j4m19
STATEFARMSUCKS3: Sending misleading & self-serving PR letters is more important to State Farm than respecting the privacy of children. http://bit.ly/9os7j1
Good Faith Insurance Page on Facebook: http://www.facebook.com/pages/Good-Faith-Insurance/147780658574628?v=wall
This is the mess State Farm left us to deal with: http://bit.ly/cTRgQu NO HELP from State Farm until TOO LATE.
STATEFARMSUCKS3: Adding Depositions of State Farm Employees to State Farm Sucks http://awesomescreenshot.com/090j4m19
STATEFARMSUCKS3: Insurance HALL OF FAME (claims paid & GOOD FAITH PRACTICES) #1 = THE BEST: http://www.badfaithinsurance.org/indexdetaillist.html
STATEFARMSUCKS3: Good Faith Insurance Page on Facebook: http://www.facebook.com/pages/Good-Faith-Insurance/147780658574628?v=wall
STATEFARMSUCKS3: State Farm CEO & PR people are sending out my kids' full names with complete disregard for their safety & privacy! http://bit.ly/9os7j1
Please read how State Farm ripped off a widow & 2 little girls after their house burned http://bit.ly/SFSucks
Have a dispute with your Insurance Company? Find a Lawyer here: http://www.badfaithinsurance.org/lawyer_directory.html
Whistleblower suit accuses insurers of overbilling federal government | NOLA.com
Whistleblower suit accuses insurers of overbilling federal government | NOLA.com: "Other insurance companies named in the suit are Northbrook, Ill.-based Allstate Insurance Co.; Bloomington, Ill.-based State Farm Fire and Casualty Co.;"
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog: "sop81_1 - August 26, 2010 10:04 AM"
(click link for complete article)
(click link for complete article)
sop81_1 - August 26, 2010 10:04 AM
Sunday is the 5th anniversary of Katrina. As always we appreciate the kind words.
I'll also note that a State Farm employee testified in a hearing held last year they had verbal authority from the NFIP to conduct their own brand of Flood adjustments. Dave Maurstad refuted that in a deposition according to the excerpts of the sealed testimony quoted in subsequent court filings.
These confoundingly curious flood adjusting practices that lead to the defrauding of the NFIP are not unique to State Farm either. Allstate is also complicit based on the court documents available in Weiss. In that case Allstate adjusters inflated the Weiss' property claim by including fictitious furs and jewerly in order to "hit the limits".
Unfortunately the Bush administration DoJ choose to ignore these clear cut instances of large dollar frauds preferring instead to concentrate on people that stole a few thousand dollars from FEMA.
There is no indication the Obama administration, which has yet to staff the US Attorney positions in Mississippi, is much more interested in holding these large financial services companies responsible for their actions. In fact he is more likely to let them pay taxpayer funded bonuses based on what we saw at AIG, which also similarily defrauded the NFIP after Katrina.
And to think the folks in the ivory towers of government and academia actually wonder why people are so pissed off these days. Out of touch does not begin to describe it.
sop
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog: "n addition to his testimony, Juan Guevara’s emails reveal State Farm’s intent to ignore FEMA Directive W-5054. On September 22, 2005, the day after W-5054 was issued, Juan Guevara emailed Jim Shortley because he wondered why State Farm’s proposal regarding the use of Xact Total for policy limit losses was rejected. Mr. Guevara quoted the language in W-5054 requiring all claims (other than those related to slabs or homes in standing water) to be adjusted using the company’s “normal claims handling procedures,” and he stated, “I read this as having to write a complete line by line estimate even if the repairs will exceed the policy limits.”"
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog: "Under the September 13 proposal, State Farm sought permission to use Xact Total “where a site visit was completed and [the damage] appeared to exceed policy limits.” But that part of State Farm’s proposal was not adopted in Maurstad’s final Memorandum. Rather, under FEMA Directive W-5054, Xact Total could be used only if the home had been in standing water for at least five days, or if the home had been washed off its foundations."
(click link for complete article)
(click link for complete article)
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog: "Specifically, Guevara asserted that “5054 is different than the document we received approval to use,” and in fact, that State Farm’s claims handling practices did not change as a result of W-5054 being issued because it continued to adjust claims based on the September 13th proposal. Guevara’s admission is an enormous and dispositive indictment because there is a very important difference between State Farm’s September 13 proposal and the actual directive that was issued by FEMA."
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog: "Discovery revealed that State Farm ignored the NFIP and Memorandum W-5054. Rather than follow the NFIP’s rules, State Farm expressly applied their own rules, which directly conflicted with Memorandum W-5054."
(click link for complete article)
(click link for complete article)
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog
Flood Adjustment Methods Discovered in Qui Tam Case : Property Insurance Coverage Law Blog: "Flood Adjustment Methods Discovered in Qui Tam Case
Slabbed has been dogged regarding its reporting on the Mississippi qui tam litigation involving State Farm. A recent post, Rigsbys file “Motion to Reconsider Scope of Proceedings in Light of Evidence Adduced in Discovery” – ask Court for additional time to conduct Discovery into “the Scheme,” provides some insight regarding the flood adjustment techniques required by National Flood versus how flood adjusters in the field actually do their job.
The post quoted from a legal filing that indicates State Farm made up its own flood adjustment rules:"
Slabbed has been dogged regarding its reporting on the Mississippi qui tam litigation involving State Farm. A recent post, Rigsbys file “Motion to Reconsider Scope of Proceedings in Light of Evidence Adduced in Discovery” – ask Court for additional time to conduct Discovery into “the Scheme,” provides some insight regarding the flood adjustment techniques required by National Flood versus how flood adjusters in the field actually do their job.
The post quoted from a legal filing that indicates State Farm made up its own flood adjustment rules:"
STATEFARMSUCKS3: Apparently, State Farm CEO Ed Rust, Jr has no concern for the safety of little girls http://www.use.com/tmpviewer.pl?uid=35572&saveid=299838
Cyveillance Industries - Insurance
Cyveillance Industries - Insurance: "Cyveillance Cyber Intelligence at Work:
A leading insurance company potentially saved billions of dollars in staving off unusual legal tactics in Hurricane Katrina-related damage suits."
(click link for complete article)
A leading insurance company potentially saved billions of dollars in staving off unusual legal tactics in Hurricane Katrina-related damage suits."
(click link for complete article)
Fluff over substance at WLOX. David Vincent thinks Ed Rust is ignorant of what the company he runs is doing � slabbed
Fluff over substance at WLOX. David Vincent thinks Ed Rust is ignorant of what the company he runs is doing slabbed: "Fluff over substance at WLOX. David Vincent thinks Ed Rust is ignorant of what the company he runs is doing"
STATEFARMSUCKS3: Please read how State Farm FAILED customers after a devastating tragedy. http://bit.ly/SFSucks
Subscribe to:
Posts (Atom)