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Court rules Geico to pay $5.2 million to woman who caught STD in car Login/Join 
Coin Sniper
Picture of Rightwire
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If they'd gone in the house is the Homeowner's policy liable?

If they stopped at Motel 6, does Motel 6 have to pay?

What if they found a quite dark spot in a park, is it the city's fault and they get to pay?




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Posts: 38006 | Location: Above the snow line in Michigan | Registered: May 21, 2004Reply With QuoteReport This Post
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Well, dang! I was gonna find me a "young thing" who had Guico insurance and a relatively mild form of an STD to help me build up my retirement savings. (Purely for financial reasons and NOT for lustful purposes! I planned to pay her for her time and effort!)
 
Posts: 1628 | Registered: February 15, 2009Reply With QuoteReport This Post
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This is pure insanity
 
Posts: 6913 | Location: Treasure Coast,Fl. | Registered: July 04, 2003Reply With QuoteReport This Post
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Picture of abnmacv
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Next up "Clap Insurance" to cover incidents of fun?


U.S. Army 11F4P Vietnam 69-70 NRA Life Member
 
Posts: 1570 | Registered: June 11, 2005Reply With QuoteReport This Post
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quote:
Originally posted by hjs157:
quote:
Originally posted by chellim1:
Apparently GEICO didn't find out about the claim until AFTER the arbitration agreement between the parties. So... they didn't have a proper opportunity to defend.


So if I understand correctly, GEICO denied an initial claim of $1M in damages. The claimant then entered into an arbitration process with the insured - both of whom agreed upon a $5.2M settlement. Subsequently, the $5.2M settlement was upheld by the circuit court - all without GEICO's knowledge or involvement.



So two people decide an amount for an outrageous insurance payout!! I would not be surprised the guy and gal planned this out together to split the money.


 
Posts: 5426 | Location: Pittsburgh, PA, USA | Registered: February 27, 2001Reply With QuoteReport This Post
probably a good thing
I don't have a cut
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My first question would be how much was the arbitrator being promised for accepting the agreement. The second question would be what was the Judge promised to uphold the arbitration.
 
Posts: 3391 | Location: Tampa, FL | Registered: February 09, 2002Reply With QuoteReport This Post
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