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Reply #2: really nothing new here......... [View All]

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blue sky at night Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-11-05 12:24 AM
Response to Original message
2. really nothing new here.........
the insurance companies have done this forever...ask anyone who lives in a floodplain. I am not saying it is right, but thats the way life goes...the big insurance companies have no conscience when it comes to parting with their money.
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  - Insurers balk at paying out to 1 million Katrina flood victims bpilgrim  Sep-11-05 12:20 AM   #0 
  - Salvo 1 for an industry bailout by the FEDS  JCMach1   Sep-11-05 12:23 AM   #1 
  - Not likely  BooScout   Sep-11-05 07:09 AM   #14 
     - It was baled out after Iniki and Iwa in Hawaii - a surcharge was added  TankLV   Sep-11-05 11:44 AM   #35 
  - really nothing new here.........  blue sky at night   Sep-11-05 12:24 AM   #2 
  - It's a matter of what's in the contract.  MercutioATC   Sep-11-05 01:00 AM   #9 
  - Exactly correct....  BooScout   Sep-11-05 07:06 AM   #13 
  - You are right -  lynne   Sep-11-05 07:35 AM   #16 
  - Not necessarily....  BooScout   Sep-11-05 07:39 AM   #17 
  - Isn't your mortgage company listed as lienholder -  lynne   Sep-11-05 08:07 AM   #18 
     - As a lender...  Saintgermane   Sep-11-05 11:32 AM   #31 
  - The poorest of the poor probably could not afford renter's insurance  SoCalDem   Sep-11-05 11:40 AM   #33 
  - Subsidize your neighbor  oneold1-4u   Sep-11-05 10:25 AM   #27 
     - Actually some Florida insurers did go out of business a few years  barb162   Sep-11-05 12:55 PM   #40 
        - Quite a few insurers -  lynne   Sep-11-05 02:25 PM   #45 
  - I think there is something wrong with that.  Laelth   Sep-11-05 04:36 PM   #48 
  - There's no "fine print" issue here, it's clear what's covered and what's  MercutioATC   Sep-11-05 09:58 PM   #49 
  - Meet why I have flood insurance  losdiablosgato   Sep-12-05 08:37 AM   #65 
  - Insurance contracts are like all other contracts -  lynne   Sep-12-05 06:39 AM   #55 
  - As long as insurance companies have strong lobbyists in DC  SemperEadem   Sep-12-05 10:17 AM   #68 
  - As I understand it ...  Laelth   Sep-12-05 06:17 PM   #80 
  - dupe  SemperEadem   Sep-12-05 10:18 AM   #69 
  - If you don't read any contract you sign you are an idiot.  420inTN   Sep-12-05 08:26 PM   #83 
     - LOL  Laelth   Sep-12-05 08:48 PM   #86 
        - Re: "I'm too busy to read every contract I sign"  420inTN   Sep-12-05 08:54 PM   #87 
           - No offense taken.  Laelth   Sep-12-05 09:08 PM   #89 
              - It wasn't a contract for the xrays  420inTN   Sep-12-05 09:25 PM   #91 
  - I don't think the courts will buy it..  NeoConsSuck   Sep-11-05 11:43 PM   #51 
  - Try having water back up in your basement because of a storm.  MercutioATC   Sep-12-05 03:44 PM   #74 
  - Flood damage was once when the waters rose, now it is if you  tsuki   Sep-12-05 06:35 AM   #54 
     - No, a quick rule of thumb  Abathar   Sep-12-05 06:52 AM   #56 
        - Check your Florida policy.  tsuki   Sep-12-05 07:30 AM   #61 
  - given the quickness to try to loophole out of payouts  salin   Sep-11-05 10:37 AM   #28 
  - You hit that on the head....  defiant1   Sep-12-05 09:55 AM   #66 
  - looks like bush just made himself another mess o' poor people  notadmblnd   Sep-11-05 12:25 AM   #3 
  - kicked/nominated  Blue_Tires   Sep-11-05 12:32 AM   #4 
  - Do floods  bluedeminredstate   Sep-11-05 12:35 AM   #5 
  - In a storm surge...yes...  Lochloosa   Sep-11-05 09:17 AM   #21 
  - hey?  oda   Sep-11-05 12:40 AM   #6 
  - Unfortunately, there is no logic.  blue neen   Sep-11-05 01:15 AM   #10 
  - The car will be covered for flood and water damage -  lynne   Sep-11-05 07:30 AM   #15 
     - This once again will hit the people who can least afford it the hardest.  blue neen   Sep-11-05 12:40 PM   #39 
        - Do you think we should all pay more  Abathar   Sep-12-05 06:57 AM   #57 
           - No, I didn't suggest that at all.  blue neen   Sep-13-05 02:05 AM   #93 
  - Deleted message  Name removed   Sep-11-05 02:54 AM   #12 
  - The "time it takes"  oneold1-4u   Sep-11-05 10:42 AM   #29 
  - IF a house is not standing  serryjw   Sep-11-05 12:49 AM   #7 
  - My grandparents lost their house...  Sgent   Sep-11-05 12:59 AM   #8 
  - I am very sorry. I think the experience of your gransparents will  barb162   Sep-11-05 01:00 PM   #42 
  - It's the insurance companies, stupid n/t  ShockediSay   Sep-11-05 01:19 AM   #11 
  - Insurance is gambling and insurance companies are "the house"  Gman   Sep-11-05 09:06 AM   #19 
  - GODDAMN RAT BASTARD WEASEL EXTORTINISTS  catmandu57   Sep-11-05 09:14 AM   #20 
  - All true  itsjustme   Sep-11-05 09:39 AM   #22 
  - UK insurers facing meltdown  emad   Sep-11-05 09:41 AM   #23 
  - We need to find out which companies won't pay and enact a boycott.  Scout1071   Sep-11-05 09:44 AM   #24 
  - What did you really expect from the capitalist system, justice?  IndianaGreen   Sep-11-05 10:19 AM   #26 
  - They pay-you pay!  oneold1-4u   Sep-11-05 10:11 AM   #25 
  - They don't enable  oneold1-4u   Sep-11-05 11:08 AM   #30 
  - They should have paid whether he drowned or not....  BooScout   Sep-11-05 02:53 PM   #47 
     - "The industry is regulated" - in Texas, we have regulatory  mbperrin   Sep-12-05 07:13 AM   #59 
  - If there wasn't a hurricane there wouldn't be flooding.  genieroze   Sep-11-05 11:37 AM   #32 
  - Then they shouldn't take their money!  katinmn   Sep-11-05 11:43 AM   #34 
  - The biggest snakes in the world are the Insurance Companies.  0007   Sep-11-05 11:47 AM   #36 
  - you can say that again!  yorgatron   Sep-11-05 12:05 PM   #38 
     - Well done, yorgatron.  NYC   Sep-12-05 09:09 PM   #90 
  - The biggest snakes in the world are the insurance companies.  0007   Sep-11-05 11:49 AM   #37 
  - I suspect a lot of the homes hardest hit had no insurance at all  barb162   Sep-11-05 12:58 PM   #41 
  - "In other Business News, State Farm breaks ground on new World HQ..."  BiggJawn   Sep-11-05 01:20 PM   #43 
  - CONTRACTUAL OBLIGATIONS  freemen2005   Sep-11-05 01:24 PM   #44 
  - You have our special "no claim" clause which specifically excepts  Chicago Democrat   Sep-11-05 02:32 PM   #46 
  - These People Are Pigs, Mr. Pilgrim  The Magistrate   Sep-11-05 10:02 PM   #50 
  - I wonder how the lack of autopsies will play into this?  daleo   Sep-12-05 12:23 AM   #52 
  - Life insurance claims aren't so much the problem -  lynne   Sep-12-05 06:31 AM   #53 
     - Er, not so fast with that one?  Nihil   Sep-12-05 07:01 AM   #58 
        - They will obviously only pay to the beneficiary -  lynne   Sep-12-05 07:22 AM   #60 
           - Ok, so maybe I'm just misunderstanding something here ...?  Nihil   Sep-12-05 10:58 AM   #70 
              - Sorry, I may have misunderstood your question -  lynne   Sep-12-05 02:40 PM   #71 
  - insurance is a racket  blindpig   Sep-12-05 07:46 AM   #62 
  - They're more than willing to collect the premiums though.  leesa   Sep-12-05 08:01 AM   #63 
  - Many Policies Also Don't Cover "Wind Driven Rain"  JPZenger   Sep-12-05 08:10 AM   #64 
  - "Wind Driven Rain" -  lynne   Sep-12-05 02:47 PM   #72 
  - BS! that's all i gotta say...  lakeguy   Sep-12-05 10:08 AM   #67 
  - Time to sue for bad faith.  Coventina   Sep-12-05 03:23 PM   #73 
  - U.S. Senator Mary Landrieu, D-La., called them 2 separate events  MrTriumph   Sep-12-05 04:18 PM   #75 
  - She is correct -  lynne   Sep-12-05 04:49 PM   #76 
     - Thanks for assisting with an explanation  MrTriumph   Sep-12-05 07:28 PM   #82 
  - If you live in the 100 year flood plain ...  TexasBushwhacker   Sep-12-05 04:56 PM   #77 
  - Hmmm, reminds me of a similiar problem in the 1940's...  Endangered Specie   Sep-12-05 04:59 PM   #78 
  - Uh, don't people buy insurance in case of emergencies? Otherwise,  HypnoToad   Sep-12-05 05:11 PM   #79 
  - what the hell is a million times a million???  librechik   Sep-12-05 07:16 PM   #81 
  - One trillion dollars. n/t  420inTN   Sep-12-05 08:38 PM   #85 
  - The exact opposite of what they did after 9/11  KamaAina   Sep-12-05 08:30 PM   #84 
  - Well...It's the just the rich fucking the poor again...nothing new!...n/t  Tight_rope   Sep-12-05 08:58 PM   #88 
  - Guess who the courts will side with?  cyr330   Sep-12-05 09:26 PM   #92 
  - IMHO  Sgent   Sep-13-05 02:37 AM   #94 
     - Several national insurance companies sell Flood Insurance -  lynne   Sep-13-05 05:25 AM   #95 
        - Not true  Sgent   Sep-13-05 05:37 AM   #96 
           - My point was -  lynne   Sep-13-05 05:47 AM   #97 
              - Ahh....  Sgent   Sep-13-05 05:53 AM   #98 
 

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