Comments on: Insurance companies win major Katrina ruling http://www.sequenceinc.com/fraudfiles/2007/08/26/insurance-companies-win-major-katrina-ruling/ Thu, 18 Mar 2010 05:52:34 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Red County, California: Carnival of Hurricane Relief, #104 http://www.sequenceinc.com/fraudfiles/2007/08/26/insurance-companies-win-major-katrina-ruling/comment-page-1/#comment-108922 Red County, California: Carnival of Hurricane Relief, #104 Thu, 06 Sep 2007 09:21:58 +0000 http://www.sequence-inc.com/fraudfiles/2007/08/26/insurance-companies-win-major-katrina-ruling/#comment-108922 [...] Insurance companies win major Katrina rulingAlternative headline: Louisiana homeowners lose. The homeowners, understandably, want to be made whole. Sadly, it’s unlikely that the insurance companies can legally be compelled to make them whole. Further, it’s not economically viable for the insurance companies to be forced to do so extra-legally. No company has pockets that deep. Lesson: believe the exclusion clauses in your homeowner’s insurance. [...] [...] Insurance companies win major Katrina rulingAlternative headline: Louisiana homeowners lose. The homeowners, understandably, want to be made whole. Sadly, it’s unlikely that the insurance companies can legally be compelled to make them whole. Further, it’s not economically viable for the insurance companies to be forced to do so extra-legally. No company has pockets that deep. Lesson: believe the exclusion clauses in your homeowner’s insurance. [...]

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