Let’s see; BP = British Petroleum, and where did the business of insurance originate? These people know how the game is played, and they have been doing it for a very long time.
BP has an ocean freighter full of money, and now everyone and their brother, whether by submitting honest claims, or by submiting highly exaggerated claims, will try to get their hands on as much of BP’s money as possible.
Think about it and ask yourself, if you were handling these claims; under various policies of insurance, excess coverages, as well as a myriad of marine claims coverage forms; wouldn’t you approach each claim carefully and with a watchful eye? OR, would the worldwide condemnation and overwhelming sympathy factor grab you and force you to open your check book to just anyone who submitted a claim, regardless of its legitimacy?
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Let’s see; BP = British Petroleum, and where did the business of insurance originate? These people know how the game is played, and they have been doing it for a very long time.
BP has an ocean freighter full of money, and now everyone and their brother, whether by submitting honest claims, or by submiting highly exaggerated claims, will try to get their hands on as much of BP’s money as possible.
Think about it and ask yourself, if you were handling these claims; under various policies of insurance, excess coverages, as well as a myriad of marine claims coverage forms; wouldn’t you approach each claim carefully and with a watchful eye? OR, would the worldwide condemnation and overwhelming sympathy factor grab you and force you to open your check book to just anyone who submitted a claim, regardless of its legitimacy?