“I wonder if by the time this thing gets drafted — if it does — Hood will get around to seeing Judge Senter’s refusal to approve the class action and State Farm’s lack of performance
Attn: (Signature:) “Mr. Blank” (It must be someone of no significance to not have at the least, an e-mail name).
What “lack of performance by State Farm” are you alluding to? State Farm is just one of many facilitator companies that process the flood policies underwriten by the NFIP. If you have a complaint with the flood insurance policy provisions, why don’t you go to the source of the policy promulgators (read: The U.S. Congress and/or NFIP) and voice your complaint there instead of the proxies handling the claim process? Or is it you’re just a sore-head who has an axe to grind with State Farm? Come out of your shell, whoever you are!
HATTIESBURG, Miss. – State Farm Insurance Cos.’ lawsuit against Mississippi Attorney General Jim Hood has come to an end with a confidential settlement.
I WANT TO KNOW THE CONFIDENTIAI SETTLEMENT. THE PEOPLE NEED TO KNOW WERE WE ALL SOLD OUT PLEASE MR HOOD DO NOT GIVE UP TELL THE TRUTH STATE FARM WILL BE STOP YOU NEED TO CALL ANITA A OPEN YOUR MOUTH STOP THEM FROM OVER RUNNING THE LAW IT YOUR TIME YOU WILL BE THE ONE
Of course, insurance companies intended to cover man-made flooding. Of course, it is only the natural flooding that insurance companies did not want to cover. Of course, the premiums collected by insurance companies included coverage for man-made flooding.
Of course, this is a desparate move by people who didn’t purchase flood insurance through the federal government and cannot accept responsibility for their inaction. Of course, the insurance companies must be responsible – they have the deep pockets to pay for it.
“he’s an 89 year old holocaust survivor (Joseph Sher vs Lafayette)”
While I am very respectful with all that he has endured, what does this have to do with his property insurance? Is there a special exclusion in the policy?
Every time they posted the story in the past, they included this information. Is it relevant to coverage? No. Other’s who’ve been reading it in IJ and in New Orleans are accustomed to seeing this though. I just assumed the author forgot to mention it this time.
I am from New Orleans. I heard early on after the event an exceptionally informative radio interview of a long time now ex judge extremely knowledgeable about this very topic. This was when the rheoteric about getting HO policies to cover flood was just getting started. The judge went on to explain very clearly and suctinctly that the jurisprudence on this very issue had been on going since the early 1900’s. He went further to explain that over time the insurance policy wording excluding flood has been evolving to the point where it is now and has shown up to now it cannot be penetrated.
Regretably those uninsured or underinsured should have bought and/or kept adequate flood insurance.
Glenn, I remember hearing stories so similar to what played out in New Orleans, when I first entered the insuance business. As it was told to me, Travelers Insurance Company had a great deal of business in the lower 9th and St. Bernard Parish at the time of Hurricane Betsy. Travelers denied the claims for the same reason carriers are denying today. The population swarmed on Travelers, because as is still today, the big rich company is treating the little guy badly.
Why didn’t we learn? Fast forward to 2005, and people were still making the same mistakes by not carrying flood insurance and then angry at the homeowners carrier for not paying for their stupidity.
A major difference between then and now, the federal government did not create lifelong dependents for the governement to take care of after Betsy. You either qualified for the loan or you did not, then you paid it back. I know someone who’s Father was a gambler, so deep in debt when Betsy struck, that the NFIP would not give them a loan. She said during the winter they lived in their home with the sheetrock torn out and it was cold. This was the right thing though, because we used to protect the taxpayers, not the freeloaders.
Anyhow, it’s late and I’m out of here. I cannot solve the country’s problem with so little time. :-)
What I don’t understand about the New Orleans situation is why flood insurance was not required for anyone with a mortgage. Where I live, if you have a mortgage and even 1 square foot of your property is in a flood zone, the mortgage company requires you to have it – even if you live behind a levee. My understanding of the situation in NO is that somewhere in the past they were no longer required to have flood insurance because they had a levee. How did this ever happen? This seems to be the scandal that no one is talking about.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
“I wonder if by the time this thing gets drafted — if it does — Hood will get around to seeing Judge Senter’s refusal to approve the class action and State Farm’s lack of performance
Attn: (Signature:) “Mr. Blank” (It must be someone of no significance to not have at the least, an e-mail name).
What “lack of performance by State Farm” are you alluding to? State Farm is just one of many facilitator companies that process the flood policies underwriten by the NFIP. If you have a complaint with the flood insurance policy provisions, why don’t you go to the source of the policy promulgators (read: The U.S. Congress and/or NFIP) and voice your complaint there instead of the proxies handling the claim process? Or is it you’re just a sore-head who has an axe to grind with State Farm? Come out of your shell, whoever you are!
HATTIESBURG, Miss. – State Farm Insurance Cos.’ lawsuit against Mississippi Attorney General Jim Hood has come to an end with a confidential settlement.
I WANT TO KNOW THE CONFIDENTIAI SETTLEMENT. THE PEOPLE NEED TO KNOW WERE WE ALL SOLD OUT PLEASE MR HOOD DO NOT GIVE UP TELL THE TRUTH STATE FARM WILL BE STOP YOU NEED TO CALL ANITA A OPEN YOUR MOUTH STOP THEM FROM OVER RUNNING THE LAW IT YOUR TIME YOU WILL BE THE ONE
Of course, insurance companies intended to cover man-made flooding. Of course, it is only the natural flooding that insurance companies did not want to cover. Of course, the premiums collected by insurance companies included coverage for man-made flooding.
Of course, this is a desparate move by people who didn’t purchase flood insurance through the federal government and cannot accept responsibility for their inaction. Of course, the insurance companies must be responsible – they have the deep pockets to pay for it.
he’s an 89 year old holocaust survivor (Joseph Sher vs Lafayette)
“he’s an 89 year old holocaust survivor (Joseph Sher vs Lafayette)”
While I am very respectful with all that he has endured, what does this have to do with his property insurance? Is there a special exclusion in the policy?
Every time they posted the story in the past, they included this information. Is it relevant to coverage? No. Other’s who’ve been reading it in IJ and in New Orleans are accustomed to seeing this though. I just assumed the author forgot to mention it this time.
I am from New Orleans. I heard early on after the event an exceptionally informative radio interview of a long time now ex judge extremely knowledgeable about this very topic. This was when the rheoteric about getting HO policies to cover flood was just getting started. The judge went on to explain very clearly and suctinctly that the jurisprudence on this very issue had been on going since the early 1900’s. He went further to explain that over time the insurance policy wording excluding flood has been evolving to the point where it is now and has shown up to now it cannot be penetrated.
Regretably those uninsured or underinsured should have bought and/or kept adequate flood insurance.
Glenn, I remember hearing stories so similar to what played out in New Orleans, when I first entered the insuance business. As it was told to me, Travelers Insurance Company had a great deal of business in the lower 9th and St. Bernard Parish at the time of Hurricane Betsy. Travelers denied the claims for the same reason carriers are denying today. The population swarmed on Travelers, because as is still today, the big rich company is treating the little guy badly.
Why didn’t we learn? Fast forward to 2005, and people were still making the same mistakes by not carrying flood insurance and then angry at the homeowners carrier for not paying for their stupidity.
A major difference between then and now, the federal government did not create lifelong dependents for the governement to take care of after Betsy. You either qualified for the loan or you did not, then you paid it back. I know someone who’s Father was a gambler, so deep in debt when Betsy struck, that the NFIP would not give them a loan. She said during the winter they lived in their home with the sheetrock torn out and it was cold. This was the right thing though, because we used to protect the taxpayers, not the freeloaders.
Anyhow, it’s late and I’m out of here. I cannot solve the country’s problem with so little time. :-)
What I don’t understand about the New Orleans situation is why flood insurance was not required for anyone with a mortgage. Where I live, if you have a mortgage and even 1 square foot of your property is in a flood zone, the mortgage company requires you to have it – even if you live behind a levee. My understanding of the situation in NO is that somewhere in the past they were no longer required to have flood insurance because they had a levee. How did this ever happen? This seems to be the scandal that no one is talking about.