Mississippi's Hood sued Allstate and four other leading insurers in the state on Sept. 16, arguing that their flood exclusions should be voided and that they should pay flood claims.
And exactly why should they have to pay flood claims if it's excluded? I guess bankrupting all the insurance companies would make everything better.
Owl_Eagle(If what I just wrote makes you sad or angry,
Heh, if I were to live in a 10' below sea level bowl right next to Hurricane Bay, my only question when getting insurance would be: Does this cover floods?
Idiots.
Beat the crowd -- grab your ankles now!
This sounds like a job for the Extortinator:
The people who didn't buy flood coverage should not have their claims paid. But as to your second part? Seeing all insurance companies go belly up would warm my heart very much indeed. I would love to see this nation rid of this extortion based business and once again the people and not the corporation have a say in our government. What am I saying and why? Simply this. Look at all the laws on the federal, state, and local level written since post WW2. You tell me who's monetary interest do they serve? Each time these extorting and down right in some case blackmailing thieves come up with a new coverage idea they run to lawmakers to have such need of coverage declared mandatory for all to purchase. Or any events that may effect their profit margin {seat belt laws etc} they again go to their bought and paid for lawmakers who are always more than eager to help their largest campaign donor.
I'd love to see them go belly up so such necessities of life as health care would be within the monetary reach of all persons. BTW do you oppose Socialized Medicine? Keep this fact in mind it was 500 lawyers and Insurance companies Hillary met with. Look at Medicare for example who now disperses the money? Who owns HMO's who BTW enjoy elevated favored and protected status in court by congressional decree?
While I do not agree with this lawsuit just seeing these companies sued for any reason warms my heart. There simply is no business with a higher level of corruption then insurance. How sad indeed that some think of these thugs as a part of the family and defend them no matter what they do. Some are willing as well to surrender such rights as privacy for their coverage.
Can anyone name me a business that has stripped away more of our freedoms and has taken over and micro-managed our lifes down to which type of car seat you must now use to take a child around the block in a car and never mind emergency situations where a person may not have such?
For example a grandchild gets sick at school and you need to pick him/her up? Look at how many grandkids you have. Look at their ages. Then look at the new requirements most states have for child car seats. Then look at who to thank for the never ending legal mess. Yet another profit loss prevention law written specifically for these extorters. It wasn't written for the childs saftey. The government could care less about any such interest. Look at everything single thing in your life they now control down to the local building codes.