Katrina

One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.

 

I’d like to see a little more objective view of the claim that insurance companies "used the event to systematically deny claims."

Insurance companies are generally in business to make money and they’re generally pretty good at paying ouit that they are contractually obligated to pay out. They insurance companies also buy their own insurance to shiled themselves against such things as hurricanes washing an insured area off the map.

Government entities are generally not concerned with making money, keeping balance sheets, tracking money, etc. Hence the Gov can shower billions on a disaster area where a company had better be well shielded against such disasters or it goes down.

I’m not saying that they never do anything illegal or unethical. They’re run by people, after all. I am saying that, unlike the Gov, they have to pay attention to where the money goes and they have to follow the laws and their contracts.

One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.
 

One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.
 

One of the many tragedies of the aftermath of Hurricane Katrina three years ago was the fact that insurance companies used the event to systematically deny claims, leaving victims further in desperate straits. That shouldn’t happen following any natural disaster, and even though the immediate storm effects did not cause as much damage as predicted, there are sure to be plenty of claims for flood damages throughout the Midwest and along Gustav’s path. If you or someone you know has been denied an insurance claim related to Gustav: that would be a site you should visit.
 

We’ll see if the Mayor (and the Governor) learned anything from Katrina, though if he’s announcing mandatory evac then I guess he did. Good for him.

Best wishes to all in the path of that monster.

 It is unfortunate… wishing the best to the people and pets of New Orleans.