FBIC (Fight Bad-faith Insurance Companies)

02/22/2013

(Reuters) - New York State has told its financial watchdog to investigate three insurance companies (Narragansett Bay Insurance Company, Tower Insurance Company and Kingstone Insurance Company) for dragging their heels when it comes to processing claims for damage caused by Superstorm Sandy that slammed the region last October.

NEW YORK (Reuters) - New York State has told its financial watchdog to investigate three insurance companies for dragging their heels when it comes to processing claims for damage caused by Superstorm

02/22/2013

New York to Investigate Three Insurers for Handling of Sandy Claims

The New York Department of Financial Services says the actions of three insurers following Superstorm Sandy are “totally unacceptable,” and warrant an investigation.

02/20/2013

www.badfaithinsurance.org has been calling for the BOYCOTT and for Americans to put bad faith insurer Allstate out of business for years ... OMG, Sebastian Black, Karen Bailey, JD White and Karen Bailey (again), give it time (i.e. tomorrow couldn't be soon enough) and it will happen. Allstate treats their agents like s*** for years and now since Allstate rewrote the rules and compensation with their agents (again), but this time they are leaving in droves and telling the media and Press that they are closing many of their offices. Liars, Liars, Liars .... pants on fire! (Crains) Allstate Corp., facing mounting agent defections, is moving to make it harder for agents to leave and set up competing businesses as independents marketing cheaper insurance for other carriers.

Read more: http://www.chicagobusiness.com/article/20120706/EMPLOYMENT/120709916/departing-allstate-agents-face-tougher-severance-policy

02/13/2013

As sales diminish and tank "Allstate CEO says improving its sales is not like releasing a new IPhone" (Feb. 13, 2013 Bloomberg)

02/13/2013

Allstate Agents Exodus En Mass http://topics.chicagobusiness.com/v/70566405/allstate-agent-exodus-2-5-13.htm

Watch Allstate agent exodus (2/5/13) in the Crain's Chicago Business Video

01/05/2013

http://woodbridge.patch.com/articles/sandy-homeowner-gets-37-74-in-insurance-for-destroyed-home -12805036

Woodbridge homeowner Jason Crea's house was totaled in Hurricane Sandy. He took out his anger on a $37.74 check from his insurance company in a sign letting the world know his plight.

01/05/2013

http://www.nyinsure.ny.gov/nys-insurer-report-cards.html

NYS Insurer's Report Cards Hurricane Sandy Disaster Insurance Assistance

11/19/2012

Allstate Insurance Bad Faith Documents Revealed

Allstate Insurance Company was allegedly advised by the McKinsey Company to avoid paying policyholder’s claims beginning in the mid 1990’s. Those documents are now being used against them in court.

11/15/2012

After Hurricane Sandy: Public Insurance Adjusters Can Be A Necessity To Get Your Claim (Properly) Paid

As homeowners assess the damage from Hurricane Sandy, many will be facing the process of filing insurance claims as they try to recoup from the historic storm.Navigating the claims process -- understanding what a policy covers and how much of a cash payout should be expected -- can be overwhelming, ...

11/10/2012

After the Storm: Your Homeowner’s Claim And Why You Need A Public Adjuster On Your Side

Billions of dollars are at stake for insurance companies processing claims in the wake of Hurricane Sandy, so policyholders should be wary until their own big check clears.

09/28/2012

Consumer Criticism No. 1: Failure To Pay Claims Properly ... The American Public Confirms FBIC's (www.badfaithinsurance.org) 16 years consumer insurance advocacy doctrine of insurance company's illegal widespread and pervasive bad faith insurance improper claim and non-payment practices!

Wolters Kluwer Financial Services regulatory experts carefully review and analyze results from the previous year’s state market conduct exams to identify areas with the most criticisms in the property and casualty, and life and health markets. Research shows that fundamental processing areas within....

09/05/2012

Reads like a summary of work in no small part at FBIC (www.badfaithinsurance.org) for the past 16 years ... bad faith insurers should be put in jail for breaking the law 10,000+++ times everyday for the criminals and thieves they really are.

Julie Tunnell remembers standing in her debris-strewn driveway when the tall man in blue jeans approached. Her northern San Diego tudor-style home had been incinerated a week earlier in the largest wildfire in California history. The blaze in October and November 2003 swept across an area 19 times ...