Whistleblower suit accuses insurers of overbilling federal government | NOLA.com: "After calculating what the adjustment should have been, they analyze how the insurance company adjustments deviated from reality. Across the board, they have found overpayment on flood and underpayment on wind.
State Farm, for example, paid one Metairie homeowner $88,280 even though there was no flooding inside the home. Meanwhile, the company paid $5,379 on the homeowners policy for what Branch says is actually $110,918 of wind damage.
State Farm also paid a home on the West Bank in Jefferson Parish $51,205 for eight inches of water inside the home. The flood estimate cost breakdown includes damages unlikely to have been caused by flooding, such as $7,086 for a roof, $18,418 for exterior finish, and $20,145 for rough framing."
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