Commemorating 50 years.
1967--Paul J. Walters of Equitable Adjustment. Billings, Mont., sent in this gem of a letter from an insured, following the theft of her TV set from a repair shop. Adds Walter: "Doesn't this remind you of the little old lady from Pasadena?" Appearing in the November issue: Portable 21-inch TV purchased in music store 6 or 7 years ago for $200. I don't know "present value" but it is worth a new one to me because I'll have to get one now. I was told that it would be as good as new when fixed. This TV was used very little, as only us two adults used it for 2 or 3 special programs on Saturday and Sunday nights only during the winter months, and this is the first time we have had it repaired. I could have received this much on a trade-in because I was offered at least this much for a much older cabinet model (with picture tube out) on a new cabinet color set last year but I didn't do it.
1989--The July issue of Claims reported the outcome of a sensational Seattle trial when a federal jury found that James B. Beam Distilling Co. should not have to pay damages for birth defects suffered by the child of an alcoholic mother. The mother contended she would have stopped drinking if Jim Beam had put warnings on it's labels. [Well, of course she would have!]
1992--The October issue reported on the devastation of Hurricane Andrew, which put adjusters to the "ultimate test." Andrew still holds he record as the costliest natural disaster in our nation's history. Here's the lead from that cover story: After the terror of that awful night [Aug. 24th] came shock a disbelieving stare in the eyes of survivors, emergency personnel, politicians, and insurance professionals. They looked at the path of perfect ruin cleared across southern Dade County, Fla., and groped for a comparison. "In my 15 years as an adjuster, it isn't comparable to anything I've ever seen, "said Darryl Davis, a marine surveyor. "It's as if you walked into a war zone where they'd dropped a bomb, and all the dead had been taken away.
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|Date:||Mar 1, 2002|
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