The audacity and arrogance of insurance companies
I realize that this post might be a bit off topic but it shows the arrogance of insurance companies and their contempt and disdain for the rule of law. Nursing home attorneys routinely see this when the insurance companies refuse to provide nursing home records or when they state an elderly resident’s life is not worth much because “they were already going to die” or when they blame neglect on resident complaince.
Allstate Insurance Co. told a judge that they refuse to produce key records to the Court no matter how much the Court fines them. Judge Michael Manners has already fined them $25,000 a day since mid September — a total of $2.4 million and growing.
Last month the Missouri Supreme Court ordered the documents produced. At issue are the so-called McKinsey documents which show how Allstate set up a claims scheme in the 1990s that shortchanges clients while earning the insurance company huge profits.
Allstate still refuses to disclose the damaging documents.
The case stems from a car wreck seven years ago on Interstate 70. Allstate client Paul Aldridge of Hawaii ran into the back of a truck and severely injured the driver. He is suing Allstate for bad faith for refusing to pay the claim for years.