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My vote for worse person: Insurance Company of Greater NY

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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-08-07 10:24 AM
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My vote for worse person: Insurance Company of Greater NY
Kind of a local story that may happen every day but some of the people who have gone bankrupt waiting for the insurance company to honor its claims are friends of mine. Why should this kind of thein drag on for more than 2 years without anything getting accomplished?

http://lohud.com/apps/pbcs.dll/article?AID=/20070405/COLUMNIST08/704050361/1010
Whatever happened to integrity?

Ask some distraught people in Ossining and they'll tell you emphatically that integrity went up in smoke on April 7, 2005, when a basement electrical fire destroyed, or badly damaged, six townhouse condominiums.

Since the fire, they haven't been able to return to their homes. That's two full years ago Saturday.

And the way things are going, it could conceivably be another two years before life is back to normal at Building G of the Cedar Garden Townhouses.

The Cedar Garden condo owners blame the delay on their insurance carrier, the Insurance Company of Greater New York, whom they claim has scandalously low-balled the estimated cost of reconstruction.


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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-08-07 12:17 PM
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1. Insurance is just legalized extortion anyway. nt
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