Maybe back when the car accident happened you should have gotten the police involved. I am sure those who were killed would have liked for the police to come save them but they were probably too busy FIGHTING a war. Or, they were sent to concentration camps. So, that analogy doesn\’t really help your case. Two TOTALLY different situations during two TOTALLY different times.
B-
Again you had me in stitches. I will also assume her posts are jokes (People like her really exist?!?!?). Somehow though, they are not as funny as yours. :(
Maybe back when the car accident happened you should have gotten the police involved (Yes, I realize this statement was an actual \”joke\”). I am sure those who were killed would have liked for the police to come save them but they were probably too busy FIGHTING a war. Or, they were sent to concentration camps. So, that analogy doesn\’t really help your case. Two TOTALLY different situations during two TOTALLY different times.
B-
Again you had me in stitches. I will also assume her posts are jokes (People like her really exist?!?!?). Somehow though, they are not as funny as yours. :(
When the International Commission on Holocaust Era Insurance Claims (ICHEIC) is done it will have spent one dollar on admin costs for every two dollars it paid out to survivors and their heirs.
According to Pat Bowditch, ICHEIC\’s CFO, the ICHEIC\’s total operating budget since December 1998 is $95.8 million. Who ultimately bears those costs?
All you have offered is sympathy for the victims, which we all have, but that is no basis for paying a claim, and no one has mentioned any precedent in the industry for all of this brouhaha to pay off decades old claims without death certificates.
Ah, I see. Your post made it sound as though they were the ones who were paying out insurance claims
$1 dollar in admin costs for every $2 in insurance claims they pay out.
Budget is something like $93 million but $300 million is what was paid out.
So…..They\’re not actually paying the claims now?
I\’m utterly confused by your postings. I don\’t know if you think they are or are not paying the claims.
And if would please share where they are paying $1 in admin costs vs $2 that they are paying out (They are paying out right?…..or maybe not.) That would be swell.
The admin costs represent nearly 30% of what is \”owed.\” What is so hard to understand? Why is anyone surprised that a sixty year-old claim filed on a loss during wartime in a war zone would be denied? I asked for the precedent and have received none. Until the issues I have asked for help in understanding are addressed, I feel no compunction to read or respond to any more posts.
There is no precedent and there doesn\’t need to be one. I\’m sure these claims are not being examined on an individual basis. I agree with Ellie that there is no way to know what happened to many or even most of the Holocaust-era policy holders. However, it is obvious that the insurers in question collected premium for policies which rightly should have been paid out, and would have if it had been possible for the policy holders or beneficiaries to submit individual claims with proof. Furthermore, I\’m sure some of these insurers, paricularly German based insurers, were complicit in bilking Jewish policy-holders (having no intention of paying out, and profiting from the Holocaust similar to the banking industry). We all know that these insurers would have and should have paid out long ago, we just don\’t know exactly who would have received these payments. I see no problem with splitting the payments up evenly. It is certainly better than paying out nothing.
The Nazi\’s kept excellent records, recording the names, hometowns, families etc. Of the people they sent to the deathcamps. If they can match that information to what the insurance companies have on the books isn\’t that sufficient proof?
Was that part of the problem all along is that the insurance companies refused to open their books?
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Maybe back when the car accident happened you should have gotten the police involved. I am sure those who were killed would have liked for the police to come save them but they were probably too busy FIGHTING a war. Or, they were sent to concentration camps. So, that analogy doesn\’t really help your case. Two TOTALLY different situations during two TOTALLY different times.
B-
Again you had me in stitches. I will also assume her posts are jokes (People like her really exist?!?!?). Somehow though, they are not as funny as yours. :(
Maybe back when the car accident happened you should have gotten the police involved (Yes, I realize this statement was an actual \”joke\”). I am sure those who were killed would have liked for the police to come save them but they were probably too busy FIGHTING a war. Or, they were sent to concentration camps. So, that analogy doesn\’t really help your case. Two TOTALLY different situations during two TOTALLY different times.
B-
Again you had me in stitches. I will also assume her posts are jokes (People like her really exist?!?!?). Somehow though, they are not as funny as yours. :(
When the International Commission on Holocaust Era Insurance Claims (ICHEIC) is done it will have spent one dollar on admin costs for every two dollars it paid out to survivors and their heirs.
According to Pat Bowditch, ICHEIC\’s CFO, the ICHEIC\’s total operating budget since December 1998 is $95.8 million. Who ultimately bears those costs?
All you have offered is sympathy for the victims, which we all have, but that is no basis for paying a claim, and no one has mentioned any precedent in the industry for all of this brouhaha to pay off decades old claims without death certificates.
Ellie, since you are quoting the ICHEIC, then I can only assume that you have read their website.
So I\’m just curious. Is a death certificate the ONLY proof that they ask for or is there more?
I know the answer. I just want to know if you have done your research or if you\’re just \”joking\” again.
No, because it isn\’t a serious insurance operation: but it is a political organization. What is its CR, given what I just posted?
Ah, I see. Your post made it sound as though they were the ones who were paying out insurance claims
$1 dollar in admin costs for every $2 in insurance claims they pay out.
Budget is something like $93 million but $300 million is what was paid out.
So…..They\’re not actually paying the claims now?
I\’m utterly confused by your postings. I don\’t know if you think they are or are not paying the claims.
And if would please share where they are paying $1 in admin costs vs $2 that they are paying out (They are paying out right?…..or maybe not.) That would be swell.
The admin costs represent nearly 30% of what is \”owed.\” What is so hard to understand? Why is anyone surprised that a sixty year-old claim filed on a loss during wartime in a war zone would be denied? I asked for the precedent and have received none. Until the issues I have asked for help in understanding are addressed, I feel no compunction to read or respond to any more posts.
?
But if you\’re not going to read our posts anymore how will you know when it\’s time to respond?
Oh, wait. I guess I\’m just talking to myself now.
I\’ll stop feeding the troll then.
There is no precedent and there doesn\’t need to be one. I\’m sure these claims are not being examined on an individual basis. I agree with Ellie that there is no way to know what happened to many or even most of the Holocaust-era policy holders. However, it is obvious that the insurers in question collected premium for policies which rightly should have been paid out, and would have if it had been possible for the policy holders or beneficiaries to submit individual claims with proof. Furthermore, I\’m sure some of these insurers, paricularly German based insurers, were complicit in bilking Jewish policy-holders (having no intention of paying out, and profiting from the Holocaust similar to the banking industry). We all know that these insurers would have and should have paid out long ago, we just don\’t know exactly who would have received these payments. I see no problem with splitting the payments up evenly. It is certainly better than paying out nothing.
The Nazi\’s kept excellent records, recording the names, hometowns, families etc. Of the people they sent to the deathcamps. If they can match that information to what the insurance companies have on the books isn\’t that sufficient proof?
Was that part of the problem all along is that the insurance companies refused to open their books?