Daily Archives: April 6, 2010

Slabbed welcomes our insurance industry visitors coming for Senator Wicker’s insurance forum.

Just to show you guys we’re not complete hicks how about I strike up some Yeats and bid a hale and hearty Mississippi coast welcome to Lloyd Dixon, Greg Toczydlowski, Howard Kunrether and Erwann Michel-Kerjan.

THE SECOND COMING

Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
 Are full of passionate intensity.

Surely some revelation is at hand;
Surely the Second Coming is at hand. Continue reading

Senator Wicker’s Insurance Roundtable “open to the public” – event at MGCCC on Thursday

U.S. Senator Roger Wicker (R-Miss.) will host an Insurance Roundtable at the Mississippi Gulf Coast Community College in Gulfport on Thursday, April 8…The Insurance Roundtable, which will be open to the public, will take place on Thursday, April 8 at the Mississippi Gulf Coast Community College Jefferson Davis Campus from 9am to 12pm. (directions on the linked MGCCC website)

The Senator has assembled an impressive group of experts and, according to the press release issued by his office, and  “will lead a discussion of specific proposals aimed at resolving the unique insurance challenges facing Gulf Coast residents and small businesses.” h/t Anita Lee’s blog

Among the presenters are Professors Howard Kunrether and Erwann Michel-Kerjan from the Risk Management and Decision Process Center at the Wharton School-University of Pennsylvania. The audience will also hear presentations by U.S. Congressman Gene Taylor; Dr. Lloyd Dixon, an economist with the RAND Corporation; and Greg Toczydlowski, President of Personal Insurance for Travelers.

The Senator says he hopes to hear ideas from a wide range of interested persons including community leaders, elected officials, and scholars, as well as representatives of the real estate, housing, and insurance industries.

“I am hoping for an open dialogue that might result in lower insurance costs and better coverage for the Gulf Coast,” said Wicker. “There is no question that one of the most difficult obstacles in recovering from Hurricane Katrina—or preparing for the next storm—has been the cost and availability of insurance. Nearly five years after the storm, the process of rebuilding is ongoing. The recovery process is being stifled for many families and businesses who cannot afford the coverage they need. In some cases, insurance is simply unavailable.” Continue reading

Just so we’re clear with you Kingsway Financial Services scammers

I fully intend to cover the latest developments when I get a chance but I wanted to give you dishonest sum’ bitches a quick shout out in advance of the post. Without a doubt the sleaziest stock operators, grifters and scammers hail from Canada.

If I was a consumer with an outstanding claim with Lincoln General I’d be very concerned about ever getting paid.

sop

What’s up? What’s going down? – a quick look around at Katrina litigation

Let’s start with this update on Rigsby qui tam defendant Forensic Engineering (FAEC).  At last mention, Forensic had not obtained substitute counsel and Judge Walker had denied current counsel’s motion to withdraw. setting an April 2 deadline for submission of the Company’s designation of experts.   What’s up includes FAEC’s Joinder and Designation of Experts:

(“Forensic”)…joins in the Supplemental Combined Expert Disclosure…and Supplemental Expert Disclosures…filed by State Farm Fire and Casualty Company (“State Farm”) in this matter, to the extent applicable to Plaintiffs’ claims against Forensic.

Pursuant to Fed. R. Civ. P. 26 (a)(2), Forensic also designates John B. Kelly, P.E., as one of their experts. John B. Kelly is a Principal Structural Engineer that will opine that all the engineering reports and revised engineering reports were true and correct, and done in accordance with sound scientific/engineering principles and observation of the conditions at the site.

Forensic, of course, “reserves the right to call any expert listed, designated or called by any other Party” – and it’s safe to say there will be witnesses that offer a view contrary to that of Kelly.

What’s going down? It seems the Easter Bunny joined Santa Clause and the O’Keefe’s have now reached a settlement in Dancel Group, Inc. et al v. United States Fidelity and Guaranty Company et al in addition to the settlement of O’Keefe v State Farm, announced in the SLABBED post that published Christmas Eve.

What’s up with Kuehn v State Farm? Hard to tell, frankly.  In the Christmas Eve catch-all linked above, SLABBED reported the what the Kuehn’s Counsel, Earl Denham, wanted to go down.

If it occurs to you and to State Farm to do the right thing by the Kuehns, instead of the strategic thing, which you have attempted through this cynical, tardy tender, then why don’t you engage in meaningful and realistic negotiations to settle my clients’ damages instead of continuing at the Kuehns’ expense in trying to redirect the law of appraisal in Mississippi? We stand ready, as we have always been, to engage you in good faith.

What Denham got in return for his offer of “good faith” was the legal equivalent of ashes and switches, an Offer of Judgment on the 20th of January – and today State Farm filed another.  Continue reading