From: "Mark" 

Reverend Morrison: My car was hit by a lorry while standing in a garage and
you refuse to pay my claim.
...
Mr. Deviant: It states sir [the policy], quite clearly that no claim you
ever make will be paid. Unfortunately you opted for the Never-Pay policy
that works out quite well if you don't make a claim. ...
RM [Eric Idle]: Oh dear, oh dear [cries] ...
Mr. Deviant: I hate to see a man cry, so shove off, out of the office with you.

 because it's too true 


"Rich Gauszka"  wrote in message
news:43238955{at}w3.nls.net...
> Looks like many N.O. residents may be SOL
>
> http://www.businessweek.com/ap/financialnews/D8CGV10GB.htm?campaign_id=apn_ho
me_down&chan=db
>
> SEP. 9 4:28 P.M. ET Insurers are potentially facing billions of dollars in
> losses from Hurricane Katrina claims, and battle lines have begun forming
> as carriers argue they aren't responsible for flooding excluded from
> standard homeowners policies.
>
> The majority of homes in areas slammed by the hurricane have policies that
> cover wind and rain damage, but relatively few had extra insurance to
> cover flooding. Insurers are posturing to limit the amount of damages by
> saying massive flooding in storm-ravaged New Orleans is a separate event
> from the hurricane itself.
>
> This distinction could save insurers billions of dollars more from a
> catastrophe billed as the costliest natural disaster ever to face the
> industry. Some carriers have even adopted the phrase "The Great New
> Orleans Flood" in an effort to make that distinction more tangible.
>
>

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