Per 9 out of 10 of the tobacco doctors cigarettes actually do not cause cancer but instead cure the common cold. Sorry but when you ask the television viewers who remember the Toyota ads the majority say it makes people think of insurance fraud. That is why the Idaho DOI has a problem with the ad.
I guess I missed the part where the guy trashed the car then called his adjuster. I really should pay more attention to these things. Also, 9 of 10 tobacco doctors says cigarettes don’t cause cancer, and 9 of 10 insurance people the ads perpetuate fraud. See a pattern here? Both people have an agenda and a certain bias here. In both situations their opinions are less valuable due to this bias.
Seriously??? If someone is of the persuasion to commit fraud or any crime for that matter, they will. I am not someone that would commit fraud and guess what… I thought they were just funny ads.
I also do not think that I am sexier when I drink DiSerrano on the rocks, I am not buying pills that my TV says can melt fat, I don’t think choosing one feminine product over another means I can skip around in white pants versus hiding in a corner, I don’t give a crap that people freaked out when the Whopper wasn’t sold in a Las Vegas location, and I personally doubt that putting 40 pounds of change in a bank teller tube will then dent the wall of the bank and rain coins on the employees.
The 60 million U.S. homeowners who pay more than $50 billion a year in insurance premiums are often disappointed when they discover insurers won’t pay the full cost of rebuilding their damaged or destroyed homes. Property insurers systematically deny and reduce their policyholders’ claims, according to court records in California, Florida, Illinois, Mississippi, New Hampshire and Tennessee. The insurance companies routinely refuse to pay market prices for homes and replacement contents, they use computer programs to cut payouts, they change policy coverage with no clear explanation, they ignore or alter engineering reports, and they sometimes
BLOOMINGTON — State Farm Insurance Cos. rewarded its leader with an 82 percent pay raise after profits hit an all-time high last year.
What will State Farm Chairman and Chief Executive Officer Ed Rust Jr. make if the company can equal or top that mark this year?
In a brief interview with the Pantagraph this week, Rust wouldn’t offer any financial predictions for 2007, saying only that State Farm needs to evaluate earnings over a longer term than one year.
He even called 2006 a “break-even” year, considering the multibillion-dollar losses State Farm suffered in 2001 and 2002.
THE UNTOUCHABLES. Edward B. Rust, Jr., will be happy to tell you that he is the Chief Executive Officer of State Farm Mutual Insurance Company. He has deep family ties to State Farm, as his father and grand father have both served in that capacity. He will also tell you that he is an educated man who has been to law school and is a past practicing attorney. In addition, he was the chairman of the Coalition for Excellence in Education and a member of George W. Bush’s transition advisory team on education. So with all of that education why will he not deal with his company’s inbred greed. Does he not know that we are in the 21st century where anyone can look on the internet and see the billions of dollars that are being spent to protect their empire from the consumer? In Utah, the company was fine $25 million in punitive damages, in part for the “systematic destruction of documents and systematic manipulation of individual claim files to conceal claim mishandling”. An Idaho appeals court fined the company $9.5 million in punitive damages for making use of “a completely bogus” outside bill review company that helped lower the cost of medical bills. In October of 1999, an Illinois jury rendered a $456 million judgment against State Farm and an additional $730 million in punitive damages for the insurer’s breach of contract with auto policy holders by relying on generic replacement parts. Rust was adamant in his insistence that fraud had not been committed. A class action law suit in the name of State Farm policy holders was filed in 2003 for breach of contract and statutory consumer fraud in which $1.1 billion was awarded to plaintiffs. When a company is misleading the public, should that not be considered fraud? A consumer would go to prison for that type of behavior. State Farm will let you know that, in several states, fraud and abuse is pushing up the cost of auto insurance. A court in late 2001 reached an unfriendly consumer decision that could have the effect of reaching deep into the pockets of the consumer. Sharply higher jury awards in vehicular liability cases are putting additional upward pressure on auto insurance rates. The average jury award in auto liability cases rose from $187,000 to $269,000 in 2000, an increase of 44%. I question if any of the lawsuits would be necessary if the company would just fairly pay their claims. The company represents on their web-site that consumer protection is one of their most important goals, but do they really think that courts would be awarding multiple millions of dollars in bad faith claims if that were their emphasis? State Farm’s ratings are based on their financial strength. State Farm states that their high ratings are also based on strong claims paying ability. With this ability, why is it necessary for their policy holders to allege that the claims department was directed, in evaluating their cases, to take them to trial instead of settling within the limits of the policy? This practice exposed policyholders to judgments above the limits of their policies, when the company was attempting to make an effort to win smaller decisions. Two former in-house attorneys for State Farm contend that they were often called upon by the insurer to represent its’ policy holders and were forced to commit “unlawful and unethical activities, including requiring the two to stay silent about the rights of the policyholders”. State Farm seems to have reckless indifference for the truth for the purpose of corporate and personal economic gain. State Farm should know that continued scrutiny of their claims paying practices will continue especially with the advent of new claims that are surfacing from lawsuits revolving around Hurricane Katrina. A message to Mr. Rust, and any employee of the company that is acting in bad faith for its policy holders. Its time to stop no more.
one in four adults in the United States believe that it is acceptable to cheat on an insurance claim, up from 21 percent just nine years ago.( Only 1 percent will try to rip off the inurance companys.,I have studyed this for over 2 yrs. 20 to 50 percent is all of us being rip off by insurance and we have no one to help us.
:
I think our anti-fraud resources could be better utilized BY TELLING THE CEO WE WILL NOT PUT UP WITH BAD FAITH FROM THIS DAY ON WE TRUST INSURANCE HAD BETTER LEARN . I,AM FOR ANTI- FRAUD RESOURCES BUT NOT JUST FOR ONESIDE AND THAT IS HOW IT WORKS RIGHT NOW. NOT SO FAIR IS IT???
just would like to uderstand the law.. In October 2006 with documents in had the SKG filed a case Mcintosh V State Farm Case No 1;-cv-01080 – Lts- RTS-RItw (S>D>Miss. Filed Oct 23,2006) This was the frist lawsuit filed . After Hurrican Katrina alleged conspiracy between State Fare and outsider engineering firms to alter or falsify engineering reportsin order to wrongfully deny State Farm policyholders benefits.. tell me want you think is this professional conduct “improper” critical terms of their contracts. IS this modern legal ethics may be to you boys but not to me. you need to rewright the Ethical rules so State Farm may stop violating the law.. If we turn are backs on this what will be next ask youself that one…
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Per 9 out of 10 of the tobacco doctors cigarettes actually do not cause cancer but instead cure the common cold. Sorry but when you ask the television viewers who remember the Toyota ads the majority say it makes people think of insurance fraud. That is why the Idaho DOI has a problem with the ad.
I guess I missed the part where the guy trashed the car then called his adjuster. I really should pay more attention to these things. Also, 9 of 10 tobacco doctors says cigarettes don’t cause cancer, and 9 of 10 insurance people the ads perpetuate fraud. See a pattern here? Both people have an agenda and a certain bias here. In both situations their opinions are less valuable due to this bias.
Good Point. Touche!
Seriously??? If someone is of the persuasion to commit fraud or any crime for that matter, they will. I am not someone that would commit fraud and guess what… I thought they were just funny ads.
I also do not think that I am sexier when I drink DiSerrano on the rocks, I am not buying pills that my TV says can melt fat, I don’t think choosing one feminine product over another means I can skip around in white pants versus hiding in a corner, I don’t give a crap that people freaked out when the Whopper wasn’t sold in a Las Vegas location, and I personally doubt that putting 40 pounds of change in a bank teller tube will then dent the wall of the bank and rain coins on the employees.
Maybe I am just odd.
The 60 million U.S. homeowners who pay more than $50 billion a year in insurance premiums are often disappointed when they discover insurers won’t pay the full cost of rebuilding their damaged or destroyed homes. Property insurers systematically deny and reduce their policyholders’ claims, according to court records in California, Florida, Illinois, Mississippi, New Hampshire and Tennessee. The insurance companies routinely refuse to pay market prices for homes and replacement contents, they use computer programs to cut payouts, they change policy coverage with no clear explanation, they ignore or alter engineering reports, and they sometimes
BLOOMINGTON — State Farm Insurance Cos. rewarded its leader with an 82 percent pay raise after profits hit an all-time high last year.
What will State Farm Chairman and Chief Executive Officer Ed Rust Jr. make if the company can equal or top that mark this year?
In a brief interview with the Pantagraph this week, Rust wouldn’t offer any financial predictions for 2007, saying only that State Farm needs to evaluate earnings over a longer term than one year.
He even called 2006 a “break-even” year, considering the multibillion-dollar losses State Farm suffered in 2001 and 2002.
THE UNTOUCHABLES. Edward B. Rust, Jr., will be happy to tell you that he is the Chief Executive Officer of State Farm Mutual Insurance Company. He has deep family ties to State Farm, as his father and grand father have both served in that capacity. He will also tell you that he is an educated man who has been to law school and is a past practicing attorney. In addition, he was the chairman of the Coalition for Excellence in Education and a member of George W. Bush’s transition advisory team on education. So with all of that education why will he not deal with his company’s inbred greed. Does he not know that we are in the 21st century where anyone can look on the internet and see the billions of dollars that are being spent to protect their empire from the consumer? In Utah, the company was fine $25 million in punitive damages, in part for the “systematic destruction of documents and systematic manipulation of individual claim files to conceal claim mishandling”. An Idaho appeals court fined the company $9.5 million in punitive damages for making use of “a completely bogus” outside bill review company that helped lower the cost of medical bills. In October of 1999, an Illinois jury rendered a $456 million judgment against State Farm and an additional $730 million in punitive damages for the insurer’s breach of contract with auto policy holders by relying on generic replacement parts. Rust was adamant in his insistence that fraud had not been committed. A class action law suit in the name of State Farm policy holders was filed in 2003 for breach of contract and statutory consumer fraud in which $1.1 billion was awarded to plaintiffs. When a company is misleading the public, should that not be considered fraud? A consumer would go to prison for that type of behavior. State Farm will let you know that, in several states, fraud and abuse is pushing up the cost of auto insurance. A court in late 2001 reached an unfriendly consumer decision that could have the effect of reaching deep into the pockets of the consumer. Sharply higher jury awards in vehicular liability cases are putting additional upward pressure on auto insurance rates. The average jury award in auto liability cases rose from $187,000 to $269,000 in 2000, an increase of 44%. I question if any of the lawsuits would be necessary if the company would just fairly pay their claims. The company represents on their web-site that consumer protection is one of their most important goals, but do they really think that courts would be awarding multiple millions of dollars in bad faith claims if that were their emphasis? State Farm’s ratings are based on their financial strength. State Farm states that their high ratings are also based on strong claims paying ability. With this ability, why is it necessary for their policy holders to allege that the claims department was directed, in evaluating their cases, to take them to trial instead of settling within the limits of the policy? This practice exposed policyholders to judgments above the limits of their policies, when the company was attempting to make an effort to win smaller decisions. Two former in-house attorneys for State Farm contend that they were often called upon by the insurer to represent its’ policy holders and were forced to commit “unlawful and unethical activities, including requiring the two to stay silent about the rights of the policyholders”. State Farm seems to have reckless indifference for the truth for the purpose of corporate and personal economic gain. State Farm should know that continued scrutiny of their claims paying practices will continue especially with the advent of new claims that are surfacing from lawsuits revolving around Hurricane Katrina. A message to Mr. Rust, and any employee of the company that is acting in bad faith for its policy holders. Its time to stop no more.
one in four adults in the United States believe that it is acceptable to cheat on an insurance claim, up from 21 percent just nine years ago.( Only 1 percent will try to rip off the inurance companys.,I have studyed this for over 2 yrs. 20 to 50 percent is all of us being rip off by insurance and we have no one to help us.
:
I think our anti-fraud resources could be better utilized BY TELLING THE CEO WE WILL NOT PUT UP WITH BAD FAITH FROM THIS DAY ON WE TRUST INSURANCE HAD BETTER LEARN . I,AM FOR ANTI- FRAUD RESOURCES BUT NOT JUST FOR ONESIDE AND THAT IS HOW IT WORKS RIGHT NOW. NOT SO FAIR IS IT???
just would like to uderstand the law.. In October 2006 with documents in had the SKG filed a case Mcintosh V State Farm Case No 1;-cv-01080 – Lts- RTS-RItw (S>D>Miss. Filed Oct 23,2006) This was the frist lawsuit filed . After Hurrican Katrina alleged conspiracy between State Fare and outsider engineering firms to alter or falsify engineering reportsin order to wrongfully deny State Farm policyholders benefits.. tell me want you think is this professional conduct “improper” critical terms of their contracts. IS this modern legal ethics may be to you boys but not to me. you need to rewright the Ethical rules so State Farm may stop violating the law.. If we turn are backs on this what will be next ask youself that one…