The story is poorly written, Loans have to be paid back and low interest is still interest.
Duh.
I could see the logic if the SBA gave grants contigent that they receive any offsets towards any recoveries but accoring to this story that isn\’t the case.
the SBA has been added as a lienholder, and as such by definition may have a claim against any future insurance payout, including, as in this case a lawsuit award.
If SBA language states that future insurance proceeds go to them, I can understand why an insurer may want clarity
before they settle a claim.
That would be a reasonable explanation about why State Farm would want clarity.
That explanation isn\’t the conspiracy theory that those who applied for employment with State Farm and were denied would accept, but hey, you can\’t win them all.
Then these righteous ones will repil: Lord ,when will we all see the pain !!!greed will hungry us. the pain when we will not see the truth> Open your eye,s. refused to help each other will end the peace. and the war will not end fast . This is the only life we have. Stand up wake up This is the U.S under one God . Do you all know the money will never give us a peace no matter how hard we try. Fight for all >> You try to look like upright peolpe . How is it woring for you.
People I trusted my good neighbor. To find out my neighbor lies makes me sick…About fraud ; intentional perversion of truth in order to induce another to part with something of value or surrender a legal right. an act of deceiving or misrepresenting. TRIck!!!! this is State Farm one that is not what it seems or represented to be. Will ?? Read all the storys. You will see.
Wasn\’t there another insurance company who just finished up a case like this in MS?
I know from personal experience that under the best of conditions the SBA is not a fun organization to deal with. That said, it seems strange that State Farm would have to file suit to get an answer to their question.
Posted By: Melanie
Comment:
EDWARD B RUST, JR (RUST) IS PRESIDENT, CHIEF EXECUTIVE OFFICER,AND CHAIMAN OF THE BOARD OF STATEFARM FIRE AND CASUALTY COMPONY ( STate farm ) , and a resident citizen of Illinis, plaintiffs, who are adult resident citizens of New Orleans, Louisiana, owned a vacation home in Pass Christian, Mississippi that dewelling , the personal property in it , and its loss of use were covered by a homeowners policy issued by State Farm by andthrough Steve Saucier, Further,\”plaintiffs reasonably relied upon both expressed and implied representations mabe by and implied State Farm and Steve Saucier, the plaintiffs \” homeowners policy would fully cover any and all property losses due to the hurricane. Katrina.
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The story is poorly written, Loans have to be paid back and low interest is still interest.
Duh.
I could see the logic if the SBA gave grants contigent that they receive any offsets towards any recoveries but accoring to this story that isn\’t the case.
The Fraud will all come out , State Farm and not hide the truth.
the SBA has been added as a lienholder, and as such by definition may have a claim against any future insurance payout, including, as in this case a lawsuit award.
If SBA language states that future insurance proceeds go to them, I can understand why an insurer may want clarity
before they settle a claim.
That would be a reasonable explanation about why State Farm would want clarity.
That explanation isn\’t the conspiracy theory that those who applied for employment with State Farm and were denied would accept, but hey, you can\’t win them all.
Then these righteous ones will repil: Lord ,when will we all see the pain !!!greed will hungry us. the pain when we will not see the truth> Open your eye,s. refused to help each other will end the peace. and the war will not end fast . This is the only life we have. Stand up wake up This is the U.S under one God . Do you all know the money will never give us a peace no matter how hard we try. Fight for all >> You try to look like upright peolpe . How is it woring for you.
Jewel – if you fashion a hat out of tin foil then you will be able to read and comprehend post from faith.
Melanie – it\’s your whole life and not hole life okay? I do not want to know about your hole, okay?
People I trusted my good neighbor. To find out my neighbor lies makes me sick…About fraud ; intentional perversion of truth in order to induce another to part with something of value or surrender a legal right. an act of deceiving or misrepresenting. TRIck!!!! this is State Farm one that is not what it seems or represented to be. Will ?? Read all the storys. You will see.
Wasn\’t there another insurance company who just finished up a case like this in MS?
I know from personal experience that under the best of conditions the SBA is not a fun organization to deal with. That said, it seems strange that State Farm would have to file suit to get an answer to their question.
Posted By: Melanie
Comment:
EDWARD B RUST, JR (RUST) IS PRESIDENT, CHIEF EXECUTIVE OFFICER,AND CHAIMAN OF THE BOARD OF STATEFARM FIRE AND CASUALTY COMPONY ( STate farm ) , and a resident citizen of Illinis, plaintiffs, who are adult resident citizens of New Orleans, Louisiana, owned a vacation home in Pass Christian, Mississippi that dewelling , the personal property in it , and its loss of use were covered by a homeowners policy issued by State Farm by andthrough Steve Saucier, Further,\”plaintiffs reasonably relied upon both expressed and implied representations mabe by and implied State Farm and Steve Saucier, the plaintiffs \” homeowners policy would fully cover any and all property losses due to the hurricane. Katrina.
Please translate into the same English that intelligent people use.
Thank you
Jewel, you crack me up sometimes. I did not understand that post either.