More writs from a dishonest bitch are ditched as Randy and the gang at United Fire Group get their asses kicked again.

Bitch of the Slabbed Randy Ramlo

Yesterday it was the 5th Circuit that bitch slapped Randy and the Lafayette legal team as the folks at United Fire Group aka United Fire and Casualty Company aka Lafayette Insurance sink to new lows trying to hose Aunt Sally’s Praline Shop in a case that once again reveals how insurers misuse and abuse the court system, making it an adjunct of their bad faith claims handling processes:

More than 18 months of discovery and other pre-trial proceedings followed United Fire’s initial answer. A few weeks before the scheduled trial date in June 2008, United Fire declared its intention to raise specific policy exclusions at trial. At the pretrial conference, United Fire enumerated each of the policy exclusions it intended to assert. Aunt Sally’s filed a motion in limine seeking to prohibit United Fire from belatedly asserting those defenses, citing the prejudice it would suffer in attempting to refute United Fire’s arguments without the benefit of Continue reading “More writs from a dishonest bitch are ditched as Randy and the gang at United Fire Group get their asses kicked again.”

Homie Dave Treutel snags a spot on the NFIP advisory board

I’ve known Dave pretty much all my life. He comes from a fine family and is a fine choice for the insurance industry advisory board to the NFIP.  Being from Bay St Louis he had a ring side seat after Katrina to the myriad of ways insurers defrauded the NFIP for example and witnessed first hand the human toll of the bad faith claims handling procedures employed by certain insurers, so he takes the human equation with him to the quarterly DC meetings as well.  Dave’s business acumen means he also has a good understanding of the internal controls needed at NFIP, most notably a bit of oversight, to insure that major retail insurers never defraud the program again.

Anita Lee has all the details at the Sun Herald and in a great example of a broken clock being right twice a day, she even snagged some quotes from Jimbo the Clown’s sidekick, Mississippi Insurance commissioner Mikey “The Cook” Chaney who shares our sentiments about Dave and what he brings to the table.  Unfortunately for the citizens of Mississippi, Mikey does not recognize fraud even when it bites him on the ass unless it is an individual defrauding a major multinational insurer. Fortunately for us at Slabbed, Mikey doesn’t know when to shut his mouth but such is a common trait with the political class. We’ll be visiting on him again soon.

Again our congratulations to Dave Treutel and we’re delighted to have in him as our voice within the NFIP.  Well done Dave!

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Let’s talk consumers, public perceptions and insurance. Allow me to introduce our Kingsway readers to the Slabbed Nation

Yeah I know it must hurt some of y’all reading my post that introduced Kingsway Financial Services to our readers and probably less consolation that the average Slabbed reader is very well heeled representing the cream of retail P&C insurance, their lawyers, offshore reinsurers, consumer lawyers and our political establishment. I also suspect some of ya’ll are still scratching your heads wondering what a blog from Soggy  Bottom Mississippi is doing covering the world of insurance (Lynda and I haven’t finished chatting as of the date and time of the composition of this post so please feel free to join that conversation too) and high finance. Well wonder no more, just thank Ed Rust, Ed Liddy, Jerry Jurgensen and their hatchet men as we come from a strange world where drywall seems to cost more when the claim was adjusted on the taxpayer dime. We know you are out there as our site traffic has bumped up a good bit since that first Kingsway post.

So rather than highlight the reported Kingsway “Nigerian” Free Prize scam, I’d decided to take a stab at stimulating a conversation Continue reading “Let’s talk consumers, public perceptions and insurance. Allow me to introduce our Kingsway readers to the Slabbed Nation”