The chickens are coming home to roost:
FEMA Sets Up Review Process for Sandy Flood Claims ~ Insurance Journal
In light of recent allegations that some insurers in the National Flood Insurance Program (NFIP) may have denied or rejected Superstorm Sandy flood damage claims based on falsified reports, the Federal Emergency Management Agency is now prepared to reopen “every flood insurance claim” filed by Sandy victims, officials announced.
You don’t say. Meantime last night a new commenter stopped in on an old insurance post sharing some information that is worth highlighting:
As someone in the industry who has represented liberty mutual on dozens of their cases it is with certainty that I can say they are the worst slimeballs in the industry second only to State Farm. I have heard their newbie adjusters tell elderly insureds they did not have a claim despite having lost their teeth and fractures to their jaws from slipping on wet floors that had been mopped in dark rooms. I have seen them deny claims that were clearly covered. I have seen them justify and defend cheating beneficiaries of their benefits and I have seen them cheat their own employees.
State Farm just had another reorg and guess who got cut. All of the employees from Mississippi who had to defend Eds Russ and Lecky’s decisions to cheat policyholders. That is how they rewarded their loyal senior staff. It was sad that the local adjusters managers and agents got the shaft for Ed and lecky’s unscrupulous behavior.