AIG needs to rot......

[marmar]

:argh:


via Yahoo!:



A.I.G. Balks at Claims From Jet Ditching in Hudson
by Mary Williams Walsh

Friday, June 12, 2009
provided by The New York Times


For the first couple of days after his flight ditched into the Hudson River, Paul Jorgenson was just glad to be alive. But then he started to need his laptop, his wallet, his car keys -- all the essentials he had stowed under his seat and left behind in the sinking plane.

A pleasant woman at US Airways told him not to worry; he would be made whole for his losses. But then the matter shifted to US Airways' insurer, the American International Group, operating under government stewardship since its bailout last fall.

"Everything went downhill," said Mr. Jorgenson, a software executive in Charlotte, N.C., whose laptop and keys have not been recovered.

When a homeowner has a burglary or a driver has a crash, all it normally takes is a call to the insurance company and a description of the loss to activate the policy. But aviation liability insurance is different. It is activated by a finding of negligence on the part of an airline. If there is no negligence, then arguably there is no liability, and no obligation to pay claims.

That poses a problem for the passengers of US Airways Flight 1549. They suffered real losses and injuries, but they are widely perceived as having been saved from sudden, violent death by their heroic and quick-thinking flight crew, led by Capt. Chesley B. Sullenberger. .......(more)

The complete piece is at: http://finance.yahoo.com/insurance/article/107188/aig-balks-at-Claims-from-jet-ditching-in-hudson

[Octafish]

1. AIG Bonus Kick

Thanks, marmar!

[Hepburn]

2. Fuck AIG....

....parasites of the highest order.

[femrap]

3. It is getting to the point

that these companies are nothing but Frauds....same with Health Insurers. When you need them and you have paid for their service, they decide to invoke Fraud....'What us? Insure you for THAT mishap...hell no!'

[truedelphi]

4. Why you would have been insured,

if your accident had occurred between 2Pm and 3:15 Pm on a Thursday, When the moon was full"

What!

"But you chose policy x, which clearly states that you are insured only in the event that your plane crashes on a Thursday when the moon was full. And only between 2Pm And 3:15Pm. It is right there in the small print."

[sarcasmo]

5. I was just going to post this glad you already did, showing their true colors, GREED.