Saturday, December 11, 2004

Insurance Companies are Evil, Part 2

How many planes do you remember hitting the World Trade Center on September 11, 2001? I distinctly recall one plane hitting a tower, and then, a few minutes later, a second plane hitting a second tower? Does that ring a bell for anyone?

GE Insurance Solutions remembers things differently. According to them, there was only one "event" on September 11. At stake is $237 million.

Remember, it's the insurance industry that complains about "frivolous litigation". I guess corporations arguing about millions of dollars is not "frivolous" - that label only applies when poor people seek justice.

1 Comments:

Blogger BigMac said...

It depends on what the contract language is. When insurance is sold, it is sold at a price based on what the contract states. I don't know what this contract states.

1/09/2005 9:44 PM  

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