Folks the Slabbed mailbag is the gift that keeps on giving today (besides Poldawg) as my last post on Jim Donelon and Mike Chaney aka Jimbo the Clown and Mikey the Cook has evidently hit close to home.
Long Beach resident Kevin Buckel and United Policyholders executive director Amy Bach to be specific. Kevin’s website details his thus far fruitless pursuit of a statutory Policyholder Bill of Rights for Mississippians. It has been blocked in committee in the Senate by Sen. Eugene “Buck” Clarke, a GOP free market true believer over at the Big Rock Candy Mountain in Jackson.
We’ve also chronicaled Mr Buckel’s efforts at fostering transparency at the Mississippi Department of Insurance as he has taken our current Commish to court after the claims files used in the sham Market Conduct Study began under Mr Chaney’s predecessor turned insurance lobbyist George Dale as overseen by former Deputy Commish Lee Harrell who now works for State Farm law firm Baker, Donelson, Bearman, Caldwell and Berkowitz. Mr Chaney has thus far successfully stonewalled those efforts. Anita Lee picks up more recent events here:
A Coast policyholder is appealing to the state Supreme Court for access to Mississippi Insurance Department records that would show the dollar amount of Katrina claims denied by insurance companies.
Long Beach policyholder Kevin Buckel filed a written request in January 2009 for records showing the total amount of damages homeowners claimed, the total amount paid and the total amount denied by private property insurance companies. MID maintains the agency does not have the records.
The Mississippi Press headline Dale: Insurance needs change offered a glimmer of hope; but, to paraphrase the immortal words of former Texas governor Ann Richards, Poor George! He was born with a insurance money in his mouth!
The insurance industry must change as a result of Hurricane Katrina, but most of the solutions being offered on the coast are not the answer, former Insurance Commissioner George Dale said Thursday at a luncheon.
“The way insurance is being delivered today is not working,” Dale told members of the Southeast Mississippi chapter of National Association of Insurance and Financial Advisors…
Dale said that one of the most popular proposed solutions to the insurance crisis on the coast is to offer a multi-peril option as part of the National Flood Insurance Program.
But he said that the national flood program built up more than $15 billion in debt during Katrina, and emphasized that this was without having to pay for wind-related damages.
Dr Ed Duett of Mississippi State has all the finest insurance crooks coming to speak at MSU’s annual insurance day set for April 23, 2009. Our readers may recall he brought in Rossie for I day 2008. This year’s list of crooks and charlatans is very impressive and includes a record number of participants with ties to companies under current federal investigation and/or hogs at the taxpayer TARP trough. The complete speaker list is here but I thought I’d summarize the various sessions for our reader’s convenience:
The Revolving Door Panel:
Mike Chaney, MS DOI
Jim Ridling, AL DOI
Scott Richardson, SC DOI
George Dale, Adams and Reese
Walter Bell, Chairman of Swiss Re America
What happened to Robert Wooley?
The White Collar Crime Panel:
Walter Bell, Chairman of Swiss Re America
Jay Barbour, Carroll, Warren & Parker
Lorrie Brouse, Regional Counsel, Allstate
Steve Iler, President, AIG Claims
Wade Sweat, Copeland, Cook, Taylor & Bush
The Policyholders, what policyholders? You mean those schmucks? Panel:
Anita Lee has a way of finding the perfect example to illustrate the complex chain of events that has become the post Katrina experience on the coast. I have had far more ideas for posts than time to write them but I’ll lay my plans for this morning aside because Mr Moran’s story is too good to keep from our readers.
What started as another Jim Hood cyber dog pile morphed to the ridiculous when former disgraced insurance commissioner George Dale and current commissioner Mike Chaney chimed in claiming Jim Hood deserved none of the credit for the second State Farm round of mediation and claims re evaluation saying the Mississippi Insurance Department deserved it.
The sheer stupidity of the pols claiming credit for what happened with State Farm after the storm lead us to visit the history beginning with the first MID mediation program which was deeply flawed and allowed for an officially sanctioned platform for insurers to fleece their policyholders. My remembrances from the time was the elderly were especially vulnerable to being taken advantage of by George Dale’s mediation process. Revisiting that issue also raised a legal question and Nowdy’s post and the resulting comments further illuminated why the slabbed largely viewed MID’s mediation as a sham. We continue to give George Dale and Mike Chaney at MID the credit they so publicly craved for helping a large insurance company screw the citizens of the Mississippi Gulf Coast.
My fellow slabbers we passed through the looking glass into wonderland yesterday as today’s Anita Lee report in the Sun Herald indicates.
This is manna from heaven for the slabbed as we finally have received a chance to set the record straight and to that extent we are grateful Mike Chaney is willing to insert his foot into his mouth so the story keeps churning. Our readers no doubt remember Mr Chaney’s declaration our wind insurance premiums are at nearly pre Katrina levels in the process confirming our suspicions he secretly visits the lemonade spring.
Nowdy’s excellent post yesterday gave a good account of the events surrounding the current controversy between Attorney General Hood and disgraced former insurance commissioner George Dale and his successor Mike Chaney. The short version of the story is that Dickie Scruggs and his Scruggs Katrina Group tried to work out a global settlement with State Farm for the remainder of the Katrina claims. State Farm wanted Jim Hood, whose office had open criminal and civil cases against them included so they could have a global solution to their legal problems in Mississippi. They hammered out an agreement which became known as Woullard after the case Woullard v State Farm. Jim Hood memorialized the Woullard settlement in his state court case, dropped his criminal investigation while the Farm and Dickie Scruggs presented their agreement to US District Court Judge Lt Senter for his approval. Continue reading “Insurance Commissioners v Jim Hood Part Deux. Trumpet Sham Mediation, Forget About Woullard”
If you find yourself lost as we wander from NOLA way up to the land of Faulker, worry not – this is not about changing the facts to fit the picture, it’s more of a sight-seeing trip to see if the facts fit the frame.
Among the comments made to the Perdiago update Sop posted today, were several about Perdiago’s allegations about Allstate and Robert Wooley, the former Louisiana insurance Commission who joined Adams & Reese. Take note of section 73 and these two sentences: