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Insurance Fraud

BADBURD
post Feb 13 2010, 10:20 AM
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I work in the automotive collision industry. The insurance company is always looking for an excuse not to pay for something. From the airliners to the buildings I don't see them just paying up. I would think they would be all about looking for reason not to pay. If they did any kind of investigation they would have found more than enough evidence to deny the claims. Can you imagine if you bought a building for way more than it's worth and then took out a huge insurance policy for arson. Then 6 weeks later somebody burned it down. They would be up your ASS! You would be going directly to jail! Period!!!
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Ricochet
post Feb 13 2010, 04:34 PM
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What is even stranger is there is no record of UAl , AA or the leasing companies being paid out for hull insurance on all four airframes. They do not show a loss on their repective SEC filings for the last quarter off 2001. I've checked through Lloyds of London and Swiss Re the main underwriters for the policies. Nothing.
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BADBURD
post Feb 13 2010, 04:59 PM
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You would think some of the so called passengers families would be wanting some money. What about Ted Olsen? He's with government. You know he would be wanting some money if this was legitimate. The insurance companies probably did there investigation and know exactly what went down. It's just a shame most the people on this site know of, or have more than enough evidence of a scam. Yet we are powerless and unable to do anything with it. How do you get somebody brought up on charges when the system is so corrupt? That's the real question. Not if it's a inside job or not.
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