One justice asked Nationwide whether ACC would exclude coverage in a case where a home was 95% destroyed by wind before any flooding…According to…[Nationwide]…it does not matter what actually caused the damage. If the subsequent flooding would have caused it, the damage is covered by NFIP and not Nationwide.
Nationwide’s unabashed admission of claims dumping, linked here, could not have been a surprise to policyholders on the Coast who found the Company was not on their side after Hurricane Katrina.
A review of five policyholder cases currently in litigation is telling of the other side of Nationwide. Corban, Gunn, & Van Cleave represents plaintiffs O’Bannon, Hartman, and Drake; Chuck McRea, former Presiding Judge of the Mississippi Supreme Court is counsel for Watson; and Nilson plaintiffs are represented by the Bay St. Louis firm Hawkins, Stracener & Gibson.
SLABBED first reviews the O’Bannon v Nationwide Complaint as it provides the most detailed description of the events behind the Company’s admitted billing of wind damage to the NFIP – a description that supports a larger conspiracy of fraud than either Nationwide or State Farm alone as claimed in the first Rigsby qui tam complaint. (Nationwide was among the three insurer defendants dismissed without prejudice by the Rigsbys with consent to same from the Department of Justice on behalf of the United States)
Denial of Plaintiffs’ Claim Was Part of a Top-Down Scheme of Institutional Fraud Continue reading “On the other side – policyholders v Nationwide”