i'm not sure his statement was completely false. posting links from downsizinggovernment.com, while meeting the definition of "calling him on it", would be absurd to consider most truthfulness
Camp Fire aftermath
- Thread starter mjoe
- Start date
i'm not sure his statement was completely false. posting links from downsizinggovernment.com, while meeting the definition of "calling him on it", would be absurd to consider most truthfulness
SecretSquirrel
Veteran XV
It is going to rain across central California tomorrow. This will probably end fire season.
probably a good chance of a lot of mudslides now too
not really brah
Before people evacuated they should have loaded their bbq's with a roast
Yeah yeah - here we go....
Insurance company overwhelmed by cost of California wildfire, goes out of business
It was facing $64 million in fire-related claims.
Insurance company overwhelmed by cost of California wildfire, goes out of business ThinkProgress
So - here is the gist - too many claims? You can liquidate. Worried about all thos people with claims? Don't Worry! Why?
Who the fuck is CIGA and where does CIGA get it's money?
http://www.caiga.org/about_ciga.html
So - a couple of notes -
1) Claims and/or statutory benefits pursuant to a policy under categories (2) and (3) above are limited to no more than $500,000
2)CIGA's revenue for each of its three funds (Workers Comp, homeowner and auto, other) is derived from assessments of Member Insurers, distributions from the estates of insolvent Member Insurers, and investment income. Revenues received are allocated into the three separate funds and are used to pay the claims and costs allocated to the applicable line of business.
3)In addition, California Insurance Code section §1063.73 provides for the ability of CIGA to request the issuance of bonds to more expeditiously and effectively provide for the payment of covered claims that arise as a result of the insolvencies of insurance companies providing workers' compensation insurance. On August 18, 2004, CIGA issued $750 million in bonds.
4) This is NOT a corporation - it is an association...
Digging in further into the RATHOLE
Cal. Insurance Code, Div. 1, Part 2, Chap. 1, Art. 14.2: California Insurance Guarantee Association (2016) - California.Public.Law
Here is all the info on CIGA (baked into CA Law)
California Insurance Code Section 1063 (2016) - California.Public.Law
If you dig deep enough you will find that the payments for all this shit are derived from increased premiums to who? Californians. The people pay. Everyone else in the state pays for this shit. There is a tie in to property taxes. The fucking "association" is empowered with special banking privileges and can issue bonds and play bank with the funds.
Oh California. You are such a Ponzi scheme.
My guess is that if I dug deep enough into the owners of the insolvent insurance company - all the executives are doing juuuust fine. Of course, finding out who they are leads you through another maze of shit since they removed all that info and you would have to start digging through public records.
Insurance company overwhelmed by cost of California wildfire, goes out of business
It was facing $64 million in fire-related claims.
Insurance company overwhelmed by cost of California wildfire, goes out of business ThinkProgress
So - here is the gist - too many claims? You can liquidate. Worried about all thos people with claims? Don't Worry! Why?
Who the fuck is CIGA and where does CIGA get it's money?
http://www.caiga.org/about_ciga.html
So - a couple of notes -
1) Claims and/or statutory benefits pursuant to a policy under categories (2) and (3) above are limited to no more than $500,000
2)CIGA's revenue for each of its three funds (Workers Comp, homeowner and auto, other) is derived from assessments of Member Insurers, distributions from the estates of insolvent Member Insurers, and investment income. Revenues received are allocated into the three separate funds and are used to pay the claims and costs allocated to the applicable line of business.
3)In addition, California Insurance Code section §1063.73 provides for the ability of CIGA to request the issuance of bonds to more expeditiously and effectively provide for the payment of covered claims that arise as a result of the insolvencies of insurance companies providing workers' compensation insurance. On August 18, 2004, CIGA issued $750 million in bonds.
4) This is NOT a corporation - it is an association...
Digging in further into the RATHOLE
Cal. Insurance Code, Div. 1, Part 2, Chap. 1, Art. 14.2: California Insurance Guarantee Association (2016) - California.Public.Law
Here is all the info on CIGA (baked into CA Law)
California Insurance Code Section 1063 (2016) - California.Public.Law
If you dig deep enough you will find that the payments for all this shit are derived from increased premiums to who? Californians. The people pay. Everyone else in the state pays for this shit. There is a tie in to property taxes. The fucking "association" is empowered with special banking privileges and can issue bonds and play bank with the funds.
Oh California. You are such a Ponzi scheme.
My guess is that if I dug deep enough into the owners of the insolvent insurance company - all the executives are doing juuuust fine. Of course, finding out who they are leads you through another maze of shit since they removed all that info and you would have to start digging through public records.
SecretSquirrel
Veteran XV
I went up to Redding and saw what the Carr Fire had done there. There is a black streak across the mountains east of Chico visible from I-5 that shows you where the Camp Fire was. It looks like the ground is under a cloud or shadow. It's really that the trees are all black and the ground is black where everything is burned.
In Redding you can travel out to the western suburbs and see where many houses burned down, and all the mountains to the west of Redding are burned off, for about twenty miles, with Shasta Bally right in the middle. We went out to Whiskeytown Park and looked all the way across the lake for about 9 miles, and the entire valley from north to south was burned off.
In the 90's I would go to Fort Ord and do land navigation courses through the 8th Infantry's patrol areas and they would burn off some of the hills, to make it look like a battlefield. In the mountains west of Redding, everything you see is gone. it is all turned black for as far as you can see, and most of the trees are dead.
We saw some of the small suburb areas that were almost completely gone, and looked at one relative's house, that was burned down, maybe 10 out of 12 houses in a row in one neighborhood across the top of a hill. I asked him how everyone felt, and he said, "we are all still in shock." They cleared a lot of the houses, and in one wood mill yard there is a 50 or 60 foot pile of debris, two or three football fields wide. The "firenado" they had turned the rocks 30 or 40 feet up on the sides of the canyons it came down black.
Dramatic Photos of the California Wildfires - The Atlantic
In Redding you can travel out to the western suburbs and see where many houses burned down, and all the mountains to the west of Redding are burned off, for about twenty miles, with Shasta Bally right in the middle. We went out to Whiskeytown Park and looked all the way across the lake for about 9 miles, and the entire valley from north to south was burned off.
In the 90's I would go to Fort Ord and do land navigation courses through the 8th Infantry's patrol areas and they would burn off some of the hills, to make it look like a battlefield. In the mountains west of Redding, everything you see is gone. it is all turned black for as far as you can see, and most of the trees are dead.
We saw some of the small suburb areas that were almost completely gone, and looked at one relative's house, that was burned down, maybe 10 out of 12 houses in a row in one neighborhood across the top of a hill. I asked him how everyone felt, and he said, "we are all still in shock." They cleared a lot of the houses, and in one wood mill yard there is a 50 or 60 foot pile of debris, two or three football fields wide. The "firenado" they had turned the rocks 30 or 40 feet up on the sides of the canyons it came down black.
Dramatic Photos of the California Wildfires - The Atlantic
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