captain1976 0 #1 June 18, 2010 http://news.yahoo.com/s/ap/20100618/ap_on_go_co/us_gulf_oil_spill_slow_payments To watch TV for a few minutes or read the papers, you would think that they were actually doing something. But paying less than 12% of the claims submitted just proves they have about as much credibility as the US Government.You live more in the few minutes of skydiving than many people live in their lifetime Quote Share this post Link to post Share on other sites
Andy9o8 2 #2 June 18, 2010 Quotehttp://news.yahoo.com/s/ap/20100618/ap_on_go_co/us_gulf_oil_spill_slow_payments To watch TV for a few minutes or read the papers, you would think that they were actually doing something. But paying less than 12% of the claims submitted just proves they have about as much credibility as the US Government. .. or the claims department of most insurance companies, or the Social Security Administration (re: SSD claims), or state assigned claims funds, etc. There is a "claims department mentality" that is geared toward skepticism of claims and saving the boss money, not facilitating the payment of claims. I've been working both with and against claims adjustors for a real long time, so I recognize the mentality when I see it. That's immediately what I thought of when I first heard of this story. The solution is to force the claims people at BP to think outside that instinctive box. Quote Share this post Link to post Share on other sites
Tf15 0 #3 June 18, 2010 How is that different from private health insurance companies? When I was insured by Cigna it always took several attempts to get them to pay. Good job the government is getting involved. Three times is enemy action Quote Share this post Link to post Share on other sites
Andy9o8 2 #4 June 18, 2010 QuoteHow is that different from private health insurance companies? [Spock] I believe I just said that. [/Spock] Quote Share this post Link to post Share on other sites
tkhayes 348 #5 June 18, 2010 careful Mr Mike what you ask for. In order for more claims to be paid, there would have to be more oversight and more regulations. More regulations and oversight would require agencies of some sort that have power. Most of those agencies would have to be government agencies and they would have to be funded by tax dollars to make them work So careful what you ask for..... Quote Share this post Link to post Share on other sites
captain1976 0 #6 June 18, 2010 TK, Right, but I hate the deception. But I'm a bit bias on this subject anyway. I have a claim in to BP which was submitted early (May 4) on a business I have in Mississippi. So far they have lied continuously and their shit in the media is misleading propaganda.You live more in the few minutes of skydiving than many people live in their lifetime Quote Share this post Link to post Share on other sites
kelpdiver 2 #7 June 19, 2010 they didn't make any great pledges until this week, and paying anything that is presented will never be part of the deal. Quote The committee said BP hasn't made a single payment for bodily injury or diminished home property value. BP officials did not immediately respond to a request for comment. "diminished home property values?" Aren't some Prius owners trying this tactic as well? Paper losses aren't real until the point of sale, and proving the loss certainly isn't so simple. Quote Share this post Link to post Share on other sites
billvon 3,030 #8 June 19, 2010 >Paper losses aren't real until the point of sale . . . Bodily injuries are no matter how much BP tries to obfuscate the issue. Quote Share this post Link to post Share on other sites
