I too have heard from reputable sources that they have also personally seen the estimate with different pricing for flood vs wind. I do not doubt it happens but I persoanlly was never asked to do it, nor was it suggested, and that included the evil State Farm. Again, in no way do I doubt it happened.
Fifth District Appellate Court of Illinois upheld the criminal fraud conviction of State Farm Insurance for having mandated the use of inferior aftermarket crash parts in the repair of consumers’ vehicles. While upholding the trial court conviction, the appellate court determined there was an over-lap of financial penalties and reduced the original trial court award of $1.186 Billion to a net of $1.056 Billion (plus accruing interest). This net remaining award is one of the largest verdicts ever upheld on appeal and represents an average reimbursement of $223.40 for each of the 4.7 million members of the plaintiff class.
As you used no screen name, I cannot address you by name, however as I posted in repsonse to another off subject and inane post; it must be the mass quantities of mind altering drugs which cause such completely off subject & unrelated posts as yours.
overbilling the federal government for flood damage in Louisiana from Hurricane Katrina. So they would not have to pay- No shame and no laws > This is the way the Insurance is playing with lifes. ((Blind) Do- your- math.. they have us pay them so they have money from us and that is not good=== they wanted more. Why not the Government !!! THEY will make any law we ask for say INS. We Have A pr of big ones but it will work trust me……….. And The sad thing is it works….
Mississippi Deputy Insurance Commissioner David Lee Harrell was busy preparing for his deposition in one of the big insurance cases. The fee for his attorney? State Farm funded that.
Yes, you read that correctly.
State Farm is paying the attorney fee for the lawyer helping the Mississippi Deputy Insurance Commissioner prepare for his testimony under oath and representing him at the proceedings in one of the large lawsuits that Mississippi policy holders are bringing against . . . State Farm.
Can you believe it?! Talk about the fox guarding the hen house!! But this is really more like a criminal defense team paying the salary of the local prosecuting attorney assigned to its case. What a whopper of a conflict of interest. Here’s a guide to the deposition and links to the deposition itself. http://www.scruggskatrinagroup.com/harrell_deposition_guide.asp.
The insurance commission claims that it got approval from the Attorney General and that there is some kind of law permitting this conflict of interest. I’ve seen horrifyingly disgusting relationships between regulators and those they are to regulate. Clearly, this example is quite troubling. The Insurance Transparency Project agrees.
It’s not as if the Mississippi Insurance Commission sent out a press release or held a press conference to inform the state’s good citizens of this obvious fox/hen house relationship.
The only reason that we even know about this unsavory tryst is because courageous policyholders, regular Jane and John Q. Citizens here in Katrina Land, have hired one of the sets of pit bull attorneys, the Scruggs Katrina Group, who is determined to ensure that the insurance companies make good on their legal obligations to these policyholders.
Now wrap your arms around this – in my state insurers are required to offer the
option of after market parts because, you
guessed it, its better for the consumer.
Thats right, because they are less expensive and include quality used part, they must be made available here. As far as 4.1 million folks in the class action suit? The plaintiffs were the big three who wanted to sell off the shelf parts for considerably more than quality replacement or used parts that may or may not work as well. Remember kids, the State Farm contract only required that those parts be considered as part of claim settlement. If they werent available or didnt fit an off the shelf part was ordered. The body shop I send my clients to won’t use them, and he/they/I never had a problem with paying for OEM. Furthermore, OEM parts arent always available, especially in small markets. Lastly, what drives almost everything in insurance? Price. Insurance shoppers respond to price. From credit scoring to after market parts all insurers are trying to drive down price in order to attract auto insurance business. Class action lawsuit? We just have fewer choices is all. Who profited?
Attorneys as usual.
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I too have heard from reputable sources that they have also personally seen the estimate with different pricing for flood vs wind. I do not doubt it happens but I persoanlly was never asked to do it, nor was it suggested, and that included the evil State Farm. Again, in no way do I doubt it happened.
Fifth District Appellate Court of Illinois upheld the criminal fraud conviction of State Farm Insurance for having mandated the use of inferior aftermarket crash parts in the repair of consumers’ vehicles. While upholding the trial court conviction, the appellate court determined there was an over-lap of financial penalties and reduced the original trial court award of $1.186 Billion to a net of $1.056 Billion (plus accruing interest). This net remaining award is one of the largest verdicts ever upheld on appeal and represents an average reimbursement of $223.40 for each of the 4.7 million members of the plaintiff class.
As you used no screen name, I cannot address you by name, however as I posted in repsonse to another off subject and inane post; it must be the mass quantities of mind altering drugs which cause such completely off subject & unrelated posts as yours.
overbilling the federal government for flood damage in Louisiana from Hurricane Katrina. So they would not have to pay- No shame and no laws > This is the way the Insurance is playing with lifes. ((Blind) Do- your- math.. they have us pay them so they have money from us and that is not good=== they wanted more. Why not the Government !!! THEY will make any law we ask for say INS. We Have A pr of big ones but it will work trust me……….. And The sad thing is it works….
Mississippi Deputy Insurance Commissioner David Lee Harrell was busy preparing for his deposition in one of the big insurance cases. The fee for his attorney? State Farm funded that.
Yes, you read that correctly.
State Farm is paying the attorney fee for the lawyer helping the Mississippi Deputy Insurance Commissioner prepare for his testimony under oath and representing him at the proceedings in one of the large lawsuits that Mississippi policy holders are bringing against . . . State Farm.
Can you believe it?! Talk about the fox guarding the hen house!! But this is really more like a criminal defense team paying the salary of the local prosecuting attorney assigned to its case. What a whopper of a conflict of interest. Here’s a guide to the deposition and links to the deposition itself. http://www.scruggskatrinagroup.com/harrell_deposition_guide.asp.
The insurance commission claims that it got approval from the Attorney General and that there is some kind of law permitting this conflict of interest. I’ve seen horrifyingly disgusting relationships between regulators and those they are to regulate. Clearly, this example is quite troubling. The Insurance Transparency Project agrees.
It’s not as if the Mississippi Insurance Commission sent out a press release or held a press conference to inform the state’s good citizens of this obvious fox/hen house relationship.
The only reason that we even know about this unsavory tryst is because courageous policyholders, regular Jane and John Q. Citizens here in Katrina Land, have hired one of the sets of pit bull attorneys, the Scruggs Katrina Group, who is determined to ensure that the insurance companies make good on their legal obligations to these policyholders.
http://www.commoncause.org/atf/cf/%7BFB3C17E2-CDD1-4DF6-92BE-BD4429893665%7D/KARMEIER_MISCONDUCT.PDF check this out more FRAUD – Read!!
Now wrap your arms around this – in my state insurers are required to offer the
option of after market parts because, you
guessed it, its better for the consumer.
Thats right, because they are less expensive and include quality used part, they must be made available here. As far as 4.1 million folks in the class action suit? The plaintiffs were the big three who wanted to sell off the shelf parts for considerably more than quality replacement or used parts that may or may not work as well. Remember kids, the State Farm contract only required that those parts be considered as part of claim settlement. If they werent available or didnt fit an off the shelf part was ordered. The body shop I send my clients to won’t use them, and he/they/I never had a problem with paying for OEM. Furthermore, OEM parts arent always available, especially in small markets. Lastly, what drives almost everything in insurance? Price. Insurance shoppers respond to price. From credit scoring to after market parts all insurers are trying to drive down price in order to attract auto insurance business. Class action lawsuit? We just have fewer choices is all. Who profited?
Attorneys as usual.
You mean to say other companies have to explain how they coded losses too? Waiting for the outrage, people. Let em have it! You know who you are.
Yeah, where is adjusterjerk when you need? As if anybody really needs him….
Poor poor Mary B. What a joke. BTW Gill this story broke with the lead offender being Allstate, aka as follow the State Farm modus oporandi company.