-
It is terribly expensive for insurers to investigate suspected fraud and often easier to pay the claim--and raise everyone's rates.
FORBES: Magazine Article
-
He refused and filed for bankruptcy to avoid having to pay the claim, which he says he can't afford as he struggles to raise his now-9-year-old daughter, Libby.
CNN: STORY HIGHLIGHTS
-
Finding a deductible endorsement did not cover water damage, the U.S. Court of Appeals for the Fifth Circuit on Thursday remanded the case back to district court, where the owners association will try again to force insurers to pay the claim.
FORBES: Lloyd's Gets $3.5M In Katrina Claims Set Aside