Friday, October 13, 2006

Are Certain Insurance Co. Execs.' Reputations = Child Molesters?

You decide: State Farm filed a motion in a Mississippi Court seeking a change in venue for lawsuits filed in southern Mississippi by individuals who claim insurance carriers failed to pay insured losses to those affected by the destruction of Hurricane Katrina

The damages requested in the lawsuits total about $20 billion and State Farm is petitioning the court to remove the cases to northern Mississippi where the opinion of insurance companies is more favorable.

State Farm included survey results with its motion, which show that 49 percent of people in southern Mississippi believe that insurance executives are on the same level as child molesters.

Read more at the

Convicted child molesters deserve the death penalty, but it shows just how bad the climate is now for insurers in a state that pushed so hard for tort reform.