The World Newser is World News' daily blog. Here, you'll find our staff's thoughts on the day's news and the way we build our broadcast. Plus, we'll share reports from our team of correspondents in the field, as well as producers behind-the-scenes.
RECENT POSTS
- Photos: White House State Dinners Through the Years
- Are We Becoming A Nation of Know-Nothings?
- Quotes of the Day: 'President Obama has the information he wants... to make his decision'
- Clem's Chronicles: Jobs/Afghanistan/Health Care Reform/Deficit
- Child Safety: Crib Recall and Other Recently Recalled Kids Products
- You Buying Less This Holiday?
- President Lou Dobbs?
- The Democrats Need LBJ
- Another Vampire Blockbuster? Why?
- Documenting the Planet's Demise -- One Striking Photograph at a Time
- President Obama Answers Questions From Anti-Castro Blogger
- Jim Sciutto: A Tiny Town Salutes Its Fallen
WORLD NEWSER CATEGORIES
MONTHLY ARCHIVES
« Previous | Main | Next »
Insurance Companies and Hurricane Katrina Settlements
November 21, 2006 4:26 PM
Joseph Ree blogs about the latest developments in an ABC News story that aired earlier this year:
One of State Farm Insurance's "satisfied" customers on the Mississippi Gulf Coast is now suing the company, joining hundreds of other policyholders who allege Stage Farm defrauded them over their Hurricane Katrina insurance claims.
Thomas McIntosh's case was shown on our 20/20 report, which detailed allegations that State Farm supervisors in many cases demanded that Hurricane Katrina damage reports by buried or replaced or changed so that the company would not have to fully pay policyholders' claims in Mississippi.
After our report aired, State Farm released a statement saying that McIntosh, in fact, "did receive payment and has declared that he is satisfied with his payment and the way his claims were handled by State Farm."
After learning that we planned to mention McIntosh's case in our report, State Farm asked him to meet with two attorneys representing the company. McIntosh says the attorneys presented him with what they called two "confidential" versions of an engineering report on his home dated Oct. 20, 2005. These reports indicated that the damage to the McIntosh home was largely caused by water, which was not covered in his insurance policy. McIntosh says, as a result, he was only paid about $36,000 on his claim despite suffering losses of over $1 million.
Continue reading on "The Blotter"
November 21, 2006 | Permalink | Share | User Comments (0)
You can follow this conversation by subscribing to the comment feed for this post.
Post a comment
