Reader Comments - State Farm Trying to Improve its Image After Hurricane Katrina

Reader Comments - State Farm Trying to Improve its Image After Hurricane Katrina: "Subject: RE: State Farm Sucks
Posted On: August 26, 2006, 12:58 am CDT
Posted By: David Greenstein
Comment:
I have worked thousands of high dollar insurance claims as a subcontractor for many of the most well known insurance companies insluding state farm. I think I have some knowledge about the insurance business. When my work is evaluated, there is ONE overiding concern, I hear again and again. If I take your invoice for professional services and multiply it by 3.5 - 4.0 or more, can you show that you have reduced our payment to the claimant by this much? Its as simple as that! If I want to keep a client, I better find a way to deny, delay or minimize the claim! If I submit too many insurance investigations which objectively show that they have to pay, I am 'fired'. No more work. For those interested, do a Google search on Amberjack, to learn where the money for claims really goes! Amberjack is a billion dollar investment business wholly owned by State Farm companies."