Insurance Companies Exempt from Nation's Anti Trust Laws

Insurance Companies Exempt from Nation's Anti Trust Laws

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Insurance Companies Exempt from Nation's Anti Trust Laws

ShareThis From price-gouging to collusion, the insurance industry can operate in a manner that no other financial service sector can. No bank, no investment house, no financial broker. The fact of the matter is that the total number of federal regulations that apply to the insurance industry isO. The insurance industry is only one of two industry's that the nation's laws exempt from our federal anti-trust legislation. The other sector is professional baseball. While baseball is an American favorite past time, the sport does not play a role in securing a bank loan to purchase a home or business nor whether our financial and real assets are protected in the event of fire, theft, earthquake, blizzard, tornado, hurricane, mudslide, or other event. Yet, the decisions that insurance companies carry out regarding whether to honor a community's trust or to betray it will determine whether a community can rebuild its homes, schools, grocery stores, places of worship, community centers, bakeries, doctors' offices, hospitals, jails, local shopping malls and other things we all take for granted in the normal course of our days. Coastal America's Homeowner Insurance Crisis Multiple Peril Insurance Basics Water/Wind Dispute: The Eye of the Insurance Storm The Insurance Industry's Inherent Conflict of Interest Anti-Concurrent Causation: Insurer's Hidden Weapon Against Homeowners Evidence of Insurers' Defrauding National Flood Insurance Program (NFIP) Insurers Outsourced Their Cost of Living Expenses to American Taxpayers Insurance Executives: Pocketing Premiums, Padding Profits, & Passing Out Big Salaries and Bonuses Insurance Companies Exempt from Nation's Anti Trust Laws Back to the Multiple Peril Insurance Act Home Page

Evidence of Insurance Companies Defrauding the National Flood Insurance Program (NFIP)

Evidence of Insurance Companies Defrauding the National Flood Insurance Program (NFIP)

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Evidence of Insurance Companies Defrauding the National Flood Insurance Program (NFIP)

ShareThis [Click here to read the 24 documents that document Evidence of Fraud by Insurers Handling Katrina Losses With Both Wind and Flood Damage.] After a major hurricane such as Katrina, there are hundreds of thousands of properties where it is not possible to clearly distinguish the wind damage from the flood damage. The wind/water controversy comes down to a classic question of who pays. Private insurance companies collect premiums to cover wind damage to property. The National Flood Insurance Program (NFIP), an American taxpayer subsidized progam, covers flood. Every legal precedent in every state and federal court places the burden on insurers to prove that property damage is excluded before insurers can deny coverage to its policyholders.Under the prior administration, however, the NFIP maintained weak oversight. Insurers took advantage of that fact and shifted the burden of proof away from themselves and onto the shoulders of America's home and business owners. As a result, insurance companies blamed all of the hurricane's wind and water damage on the flooding alone. Then they denied the wind-damage claims of their own policyholders unless homeowners could prove that their property damage was caused by wind alone. Private insurance companies billed the federal taxpayers--via the NFIP-- for all damage where flooding was at all possible while paying wind claims only where wind was the only possible cause. In every case, the benefit of the doubt favored the insurance company at the expense of taxpayers and homeowners, while NFIP did nothing to protect either. Insurance companies paid for wind damage as far north as Memphis, Tennessee, while denying wind damage claims for home and business owners along the Gulf Coast, which took the brunt of the hurricane force winds. Katrina: Before and After Hadden Family Residence Bay St. Louis, Miss. Amount of Insurance $650,000 Amount Prior to Legal Action: $0 Click for more before and after photos. NEXRAD radial velocity data indicated peak winds near the surface of around 140 mph in the eyewall at time of landfall. * * * the maximum sustained wind speeds peaked near 175 mph and remained at that speed until the afternoon.

STATEFARMSUCKS3: RT @DianaZook: @STATEFARMSUCKS3 many are in the same class as drug/arms/human trafficking dealers .

STATEFARMSUCKS3: I think God's justice is making wrongs right. ~Joel Osteen

STATEFARMSUCKS3: When I tell any truth, it is not for the sake of convincing those who do not know it, but for the sake of defending those that do. W. Blake

STATEFARMSUCKS3: Sending self-serving PR emails is more important to State Farm CEO Ed Rust Jr than respecting the privacy of children. http://bit.ly/9os7j1

STATEFARMSUCKS3: Truth has very few friends and those few are suicides. ~Antonio Porchia, Voces, 1943, translated from Spanish by W.S. Merwin

STATEFARMSUCKS3: State Farm Sucks has status updates on LinkedIn http://www.linkedin.com/profile?viewFeed=&key=84348878

STATEFARMSUCKS3: Sending self-serving PR emailsis more important to State Farm CEO Ed Rust Jr than respecting the privacy of children. http://bit.ly/9os7j1

STATEFARMSUCKS3: State Farm Homeowners Insurance failed us miserably. Please read why here: http://statefarmsucks.homestead.com

STATEFARMSUCKS3: Many supporters have emailed State Farm CEO Ed Rust Jr on our behalf. Here's the arrogant response they received: http://bit.ly/9os7j1

STATEFARMSUCKS3: SHAME ON State Farm Insurance for ripping off Angela & the Russell children! http://statefarmsucks.homestead.com

STATEFARMSUCKS3: Please visit STATE FARM FORGERY on Blogspot http://state-farm-forgery.blogspot.com

STATEFARMSUCKS3: Please read how State Farm FAILED customers after a devastating tragedy. http://statefarmsucks.homestead.com

STATEFARMSUCKS3: The STATE FARM SUCKS message/website link is being sent directly into thousands of inboxes daily. http://statefarmsucks.homestead.com

STATEFARMSUCKS3: Watch State Farm Employees lie under oath: http://statefarmsucks.homestead.com/TESTIMONY.html

STATEFARMSUCKS3: Teach this triple truth to all: A generous heart, kind speech, a life of service and compassion renew humanity. Kahlil Gibran

STATEFARMSUCKS3: Insurance Companies are required to pay claims Properly And Promptly (Good Faith) http://www.badfaithinsurance.org

STATEFARMSUCKS3: Watching a State Farm Employee pretend to sexually assault a Hello Kitty Doll: http://bit.ly/bOPjuK

STATEFARMSUCKS3: Adding Excerpts of the Depositions of State Farm Employees to State Farm Sucks http://statefarmsucks.homestead.com/TESTIMONY.html

STATEFARMSUCKS3: Many supporters have emailed State Farm CEO Ed Rust Jr on our behalf. Here's the arrogant response they received: http://bit.ly/9os7j1

STATEFARMSUCKS3: This is the mess State Farm left us to deal with: http://bit.ly/cTRgQu NO HELP from State Farm until TOO LATE.

STATEFARMSUCKS3: State Farm Sucks is on Mixx.com Chatter http://www.mixx.com/users/statefarmsucks1/chatter

STATEFARMSUCKS3: State Farm CEO Edward B. Rust, Jr & wife Sally, 16 Downing Circle, Bloomington, IL 61704 (309) 663-5027

STATEFARMSUCKS3: Adding Depositions of State Farm Employees to State Farm Sucks http://statefarmsucks.homestead.com/TESTIMONY.html

STATEFARMSUCKS3: THANK YOU for your support, everyone! Angela

STATEFARMSUCKS3: Shame on you, State Farm! http://statefarmsucks.homestead.com Ripping off a widow & kids!

STATEFARMSUCKS3: Do State Farm Customers Really Hate State Farm as much as State Farm's Attorneys Publicly Argue They Do? http://bit.ly/sfsucks

STATEFARMSUCKS3: State Farm Sucks is on Soup.io http://statefarmsucks.soup.io/

STATEFARMSUCKS3: Thank You for all your Love & Encouragement! Angela http://statefarmsucks.homestead.com

STATEFARMSUCKS3: Thanks for the love! Please help spread the word: http://statefarmsucks.homestead.com Thanks, Angela

STATEFARMSUCKS3: Guess who is in bed with BP? ---> http://bit.ly/BPSF4EVR

STATEFARMSUCKS3: State Farm Sucks NEW Links! http://www.use.com/tmpviewer.pl?uid=35572&saveid=289004

STATEFARMSUCKS3: Please BEWARE of State Farm. Here's why: http://statefarmsucks.homestead.com & http://www.badfaithinsurance.org

STATEFARMSUCKS3: The State Farm Employees in Deposition contradict each other & even disagree on coverage issues & explanation of coverages & qualification.

STATEFARMSUCKS3: State Farm Sucks is on Facebook http://www.facebook.com/home.php?#!/profile.php?id=100000099127221

STATEFARMSUCKS3: 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: STATE FARM SUCKS is stepping up her game & storming FACEBOOK. Gotta love that "like" button. http://statefarmsucks.homestead.com

STATEFARMSUCKS3: Please read how the opportunistic predator State Farm took advantage of a widow & 2 little girls: http://statefarmsucks.homestead.com

STATEFARMSUCKS3: After the Fire, my State Farm Agent Steve Jackman never even bothered to call, not even once http://statefarmsucks.homestead.com

STATEFARMSUCKS3: State Farm CEO Edward B. Rust, Jr & wife Sally, 16 Downing Circle, Bloomington, IL 61704 (309) 663-5027

STATEFARMSUCKS3: STATE FARM RIPPED OFF A WIDOW & TWO LITTLE GIRLS. (THEY WERE EASY TARGETS) Photos here: http://statefarmsucks.homestead.com

STATEFARMSUCKS3: The truth will set you free, but first it will make you miserable. ~Attributed to James A. Garfield

STATEFARMSUCKS3: State Farm Sucks is on Delicious http://delicious.com/statefarmsucks

STATEFARMSUCKS3: Shame on you, State Farm! http://bit.ly/SFSucks Ripping off a widow & kids!

STATEFARMSUCKS3: Please boycott State Farm Homeowners & Auto Insurance! Here's why: http://bit.ly/SFSucks

STATEFARMSUCKS3: BAD FAITH INSURANCE- STATE FARM Page on Facebook: http://www.facebook.com/pages/Bad-Faith-Insurance-State-Farm/118892628160770?v=wall

STATEFARMSUCKS3: It takes two to speak the truth - one to speak, and another to hear. - Henry David Thoreau

STATEFARMSUCKS3: @DianaZook You are right! Most people are blind to the insurance scam/racket.

STATEFARMSUCKS3: RT @DianaZook: @STATEFARMSUCKS3 Hey u are providing the masses with much needed info . Ins.co. by and large ARE EVIL !!!!

STATEFARMSUCKS3: This is the mess State Farm left us to deal with: http://bit.ly/cTRgQu NO HELP from State Farm until TOO LATE.