Sueing insurance company

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Posted: Fri Oct 23, 2009 6:09 am Post subject: tYtEDvlwCTFIxMAZuN

Third, the famous often fall short of desirable moral and aesthetic standards. , _________________ Register Now to have your Insurance queries solved.

Crazy27

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Posted: Wed Oct 28, 2009 12:25 am Post subject:

Quote:

Third, the famous often fall short of desirable moral and aesthetic standards. ,

Okaaaaaay......what does this have to do with anything? Not just in this thread, but with ANYTHING???

InsTeacher Cool

InsTeacher

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Joined: 13 Aug 2007
Posts: 1331

Location: Oregon, USA
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Posted: Sun Dec 13, 2009 11:37 pm Post subject: Burned by Insurance for a clear honest claim.

Nobody looks to sue an insurance and expects to win much. Sure, auto and so one, $5K here and $10K there... But when one is subject to a full business loss, your business, your income and your family. Then the carrier comes in and tells you they are discounting 25% of your goods due to waste? Then 20% for business loss, even through your profitable. Then approve funds to be spent to reopen and not send for months at a time. Calling and begging for the critical funds that had already been approved and then after the fact, claim it is under review. This all during the time when cash flow is low and reopening is hard enough. Then to the point that due to the carrier not paying within a reasonable amount of time, you have to close up again and wait until they "review the claim" this being pre-approved funds may I add. What is required of pre-approved funds but to send a check? The insurance carrier I had to deal with had a history of stalling, history of offering .50 cents on the dollar. Looked it up on line. They have been repeatable sued and lost. In addition, I came to find out they have a record profit of One Billion in 09. What is the interest that an insurance carrier makes off the funds keep in the bank as long as possible? How can an insurance carrier claim one billion in profit and continue to not pay a approved reimbursable that was approved months ago and continue to claim t=it is under review? Last but not least, when I files a claim with the DOI (Dept. of Insurance) bam, check arrived within two weeks and the carrier was fined $10K Bottom line, DOI complaint and do it asap.... _________________ Register Now to have your Insurance queries solved.

Pitmaster

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Posted: Mon Dec 14, 2009 11:45 am Post subject:

Pitmaster, I can't understand at all what your claim was even about. But......the truth is if you actually sue a carrier and win (presumeably for bad faith)..these are GIANT awards..There's a big difference between sueing an at fault party for their negligence that resulted in your damages, and for actually sueing a carrier themselves. _________________ "Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.