Maine Widower May Never Collect $500K Insurance Settlement

May 7, 2008

  • May 7, 2008 at 6:32 am
    nancy says:
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    great decon and comments wudchuck. everybody remember never to buy insurance from puzzled.

  • May 8, 2008 at 10:07 am
    Rob says:
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    I think the award is too low. It hardly covers the loss of consortium claim.

  • May 8, 2008 at 1:02 am
    Gill Fin says:
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    Whats the liklihood that the professionals at Gucko wrote anything above state minimums? Any inability to collect would be influenced by policy limits as well.

  • May 12, 2008 at 10:19 am
    wudchuck says:
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    remember that the decision on limits is what the policy holder wants. don’t based that fact on the company. how many folks do you ask to increase coverage and they declined!

    GEICO keeps very good track of it’s paperwork. in most cases the paperwork trail fails at the consumers end!

  • May 13, 2008 at 12:38 pm
    Jon says:
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    I find the settlement amount to be shocking. But that is simply not relevant. This is NOT an award. It is a settlement. I wonder who the parties are that reached this “SETTLEMENT”? If someone agreed to settle with the decedent’s estate, or with the grieving husband, they should go ahead and pay. If they are not going to pay, how can a settlement be reached?

    I would suggest that it would be a matter of fact as to whether or not the Geico policy existed at the time of the accident. The article gives no clear info re whehter or not any evidence has been adduced on that point. Get the evidence and determine the fact and either resolve the case or not.

    Finally, as an older American myself, I can assure that I am expecting to live several more years and if I had to do without my wife of 43 years because of someone else’s negligence, I would not find the $400,000 to be excessive for loss of consortium. Again, there are factual issues and we don’t know from the article what evidence has been produced to support the consortium claim. Inadequate info leads to inadequate and poorly based opinions.



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