by lilacsigh » Fri Dec 14, 2007 02:00 am
You know, it really makes my blood boil when I read about such cases like the one reported the other day in the Philadelphia Daily News.
Since the early 1980's, an unscrupulous Philly lawyer has sent a team of people out to find holes in the road or pavements and then gets others to fall in them.
I'm not joking.
This little plot enabled H. Allen Litt to defraud insurance companies of around $2.5 MILLION in claims.
The scam also involved doctors willing to report that the people had soft tissue injuries. Sites were carefully chosen in front of small businesses, not large one who'd stand a fighting chance in challenging the claims. He even had the audacity to hand out business cards to recruit people into helping with the scheme.
The whole thing is almost laughable until you remember the real costs involved. They're not just monetary. Who's been hurt here? Not the fakers, not the lawyer, not the doctors.
It's those small businesses that most likely had an increase in their premiums when renewal time rolled around because of the claims. Taking advantage of those small stores struggling to make a go of something by targeting their vulnerability is just plain cruel. I wonder how many decided to just pack it all in after that stress and worry.
It's you and I, the ordinary consumers. We absorb the financial brunt in paying these claims out when our insurers have no choice but to increase our premiums. They need to keep the business profitable and increase growth as any good company does.
It's the insurance companies - having lost those funds until whatever legal wrangling is settled to compensate them for that, which may or may not happen. Do they ever get that money back? I don't know.
Too many times we hear people complain about the insurance companies and how strict they are about paying out claims. This man's actions here exemplifies why that's a necessity. The insurers at the end of the day at not just protecting their own business but in the end, our interests as customers too, when they examine cases so diligently and carefully.
Here's the complete story : Lawyer indicted in scam.
All of course, in my humble opinion.
Since the early 1980's, an unscrupulous Philly lawyer has sent a team of people out to find holes in the road or pavements and then gets others to fall in them.
I'm not joking.
This little plot enabled H. Allen Litt to defraud insurance companies of around $2.5 MILLION in claims.
The scam also involved doctors willing to report that the people had soft tissue injuries. Sites were carefully chosen in front of small businesses, not large one who'd stand a fighting chance in challenging the claims. He even had the audacity to hand out business cards to recruit people into helping with the scheme.
The whole thing is almost laughable until you remember the real costs involved. They're not just monetary. Who's been hurt here? Not the fakers, not the lawyer, not the doctors.
It's those small businesses that most likely had an increase in their premiums when renewal time rolled around because of the claims. Taking advantage of those small stores struggling to make a go of something by targeting their vulnerability is just plain cruel. I wonder how many decided to just pack it all in after that stress and worry.
It's you and I, the ordinary consumers. We absorb the financial brunt in paying these claims out when our insurers have no choice but to increase our premiums. They need to keep the business profitable and increase growth as any good company does.
It's the insurance companies - having lost those funds until whatever legal wrangling is settled to compensate them for that, which may or may not happen. Do they ever get that money back? I don't know.
Too many times we hear people complain about the insurance companies and how strict they are about paying out claims. This man's actions here exemplifies why that's a necessity. The insurers at the end of the day at not just protecting their own business but in the end, our interests as customers too, when they examine cases so diligently and carefully.
Here's the complete story : Lawyer indicted in scam.
All of course, in my humble opinion.
Posted: Sat Dec 28, 2019 11:45 am Post Subject:
If you’ve been in a car accident, and it's pretty clear that the other driver was at fault, you’ll be looking for a plaintiff’s car accident lawyer (one who represents the person filing a personal injury lawsuit, when a case makes it to court). But how much will you need to pay? https://x-cops.ca/
Pagination
Add your comment