Merged Let's Talk about Insurance Fraud!

I am glad I could make so many laugh.
I am the one laughing though.
Petronas towers, heard of that building?, was completed using bamboo scaffolding, makes your laugh at scaffolding on the WTC look a litte silly now eh.

I am writing to all who responded to my post.
You silly sausages, on the net bragging and boasting over your language skills, most of the world does not recognise American as English language.
As for evidence on the changes to insurance, OK.
Contact GIO or any insurance agent and see what changes were made after sept 11, I do happen to have the letter I received from the insurance regarding my public liablilty, I am not going to give it you people though,
 
Last edited:
Thankyou for resurrecting this immortal thread.

I will always remember this thread as being quite possibly the only thing so far that has made insurance actually interesting for me, as well as a thread where I learnt a hell of a lot.

May this thread be forever remembered for this immortal line:

JohnnyFive said:
If that was insurance fraud, it was the single stupidest insurance fraud in the history of ever.
 
I would like to start a thread,
Johhny Five, you appear to be a plant.
Insurance underwriter, police studies and enough time to post more than 2000 times on this forum in less than a year.
You always say quote source,
If you are an uinderwriter you would know of the changes to public liability after 9/11
 
Last edited:
Could you please cite the sources for all of this?

The WTC towers enjoyed high occupany with an excellent rental base, and were extremely modern constructions. They were built in the late '60s, and it is extremely common in NYC to find buildings built pre-WWII in excellent condition. Refurbishing buildings isn't some new thing.

So, if you're going to suggest that the 9/11 attacks were done as an excuse to destroy the towers and collect some money to rebuild them because they were "ageing [sic] dinosaurs", I'd love to see some citation.
please give is your sources
 
Last edited:
The theory that the buildings were white elephants and too expensive to dismantle is preposterous,

If there was asbestos it certainly wasn't on the steel From what I understand when the buildings were constructed the first tower was sprayed to the Th floor with asbestos fireproofing.from then on it was mineral fiber spray, The existing asbestos from the Th floor down was abated, Whether that means encapsulated or removed I do not know. Do you have any idea how many old office buildings contain friable asbestos and lead coatings in Manhattan alone?

The part about the scaffolding cracks me up. you can not assemble a pipe scaffold higher than 125 feet according to OSHA. And Ive never even seen one that high. and you don't even need scaffolding to maintain or disassemble the curtain wall of a modern skyscraper.

As far as dismantling the steel. Climbing sections for tower cranes can be stacked in an elevator shaft or adjacent to the exterior.

Not to mention all the construction material when could have easily been sorted for recycling as the building was dismantled. steel, Concrete for aggregate, aluminum extrusions, stainless, copper wire, mineral fiber, gypsum, They even recycle ceiling tile now.
To date, the tallest scaffold erected in Hong Kong with the Sprint system is approximately 300 feet high,
Harscoes SGB quote from arrive.net
 
Could you please cite the sources for all of this?

The WTC towers enjoyed high occupany with an excellent rental base, and were extremely modern constructions. They were built in the late '60s, and it is extremely common in NYC to find buildings built pre-WWII in excellent condition. Refurbishing buildings isn't some new thing.

So, if you're going to suggest that the 9/11 attacks were done as an excuse to destroy the towers and collect some money to rebuild them because they were "ageing [sic] dinosaurs", I'd love to see some citation.
You as an assesor will know better than I do that pre ww2 buildings were different, solid constructions such as that other new york monster.
Sitting on the verge of our local freeway to our capital are many hundreds of school rooms, all built in the time frame you mention. All of these are health hazards, badly built and full of toxic substances such as asbestos. It has cost our govt many millions if not billions to rid ourselves of the disaster of the 50's-60's and 70's when asbestos was in everything. How did it happen? People retuiring from WW2 needed jobs, asbestos mines, no worries mate.
cheers
 
I am glad I could make so many laugh.
I am the one laughing though.
Petronas towers, heard of that building?, was completed using bamboo scaffolding
Of course they were. Those poor but cagey Malaysians used INVISIBOOtm. Some day they'll learn about cranes and elevators and stuff.

87904673890f1055f.jpg


It's a little-known fact the the World Financial Center, across the street from the World Trade Center and like Petronas, designed by Cesar Pelli, was constructed by monkeys swinging from vines.

You silly sausages, on the net bragging and boasting over your language skills, most of the world does not recognise American as English language.
Hast thou considered trepanning?
 
Contact GIO or any insurance agent and see what changes were made after sept 11, I do happen to have the letter I received from the insurance regarding my public liablilty, I am not going to give it you people though,

Your Fraudian slip is showing.
 
Thankyou for resurrecting this immortal thread.

I will always remember this thread as being quite possibly the only thing so far that has made insurance actually interesting for me, as well as a thread where I learnt a hell of a lot.

I'm glad my thread was helpful. Also, holy thread ressurrection, Batman!

I would like to start a thread,
Johhny Five, you appear to be a plant.

Sweet, you're awesome. You know that calling someone a "plant" here is like us getting "made man" status with the mob. That one's going right in the old signature.

But if you'd really like to claim I'm a "plant," please provide evidence of such.

Insurance underwriter, police studies and enough time to post more than 2000 times on this forum in less than a year.

I'm good at multi-tasking and we're done with renewals at work for the time being, so I have a few minutes.

By the way, police studies was what I studied for my first undergrad degree, not something I currently work with or study actively (beyond a basic interest in law enforcement news)... the one I completed over two years ago. You left out that I am currently studying for a mathematics B.S. and enjoy reading the works of H.P. Lovecraft and like popular film. I must surely be a plant for being able to do things, yessiree.

You always say quote source,
If you are an uinderwriter you would know of the changes to public liability after 9/11

Actually, that's more a policy service thing. Besides, I expressly state that I work in the field of group disability. I don't know about the specific policy changes to "public liability" (do you mean "general liability?") coverage, but I'd be glad to address them if you could present specifics.

I would imagine there might be more awareness of terrorism, yes. Probably not a big factor on the actuarial models, given the improbability of it happening, though.

please give is your sources

Sure thing:

http://query.nytimes.com/gst/fullpage.html?res=9F05EEDA1438F932A05756C0A96E958260

http://www.panynj.gov/AboutthePortAuthority/PressCenter/PressReleases/PressRelease/index.php?id=61

And if you're really asking me to cite a source for the WTC towers be post-WWII, then just check the Wiki sources: http://en.wikipedia.org/wiki/World_trade_center

The citation for the asbestos costs was from an issue of "Business Insurance," - McLeod, D. "Port Loses Claim for Asbestos Removal," Business Insurance, May 14th 2001.

Stated amount was $200m for asbestos removal from the entire WTC complex. If you don't believe me, I can forward you the article if you really want, it requires a paid subscription to view.

You as an assesor

I'm not an "assessor," I'm an underwriter. Underwriters in insurance evaluate the potential risk of a potential insured and assign a monetary value in the form of a premium payment/rate. Also, I rate group disability, so I don't claim to be an expert in general liability risks.

Interestingly, my argument wasn't built on that. It was built on a general argument about insurance risk rating.

will know better than I do that pre ww2 buildings were different, solid constructions such as that other new york monster.

What exactly does this mean? Pre-war buildings tended to be brick/stone constructions, but they weren't all composed of brick and stone. They also tended to have asbestos in greater quantities (because it was legal when they were built), and don't take advantage of advances in design or construction (because the advances weren't made yet).

Sitting on the verge of our local freeway to our capital are many hundreds of school rooms, all built in the time frame you mention. All of these are health hazards, badly built and full of toxic substances such as asbestos.

So what? What does this have to do with my argument? Many municipalities have paid many millions of dollars to remove or seal asbestos to comply with health regulations. I fail to see how this bolsters your claim.

It has cost our govt many millions if not billions to rid ourselves of the disaster of the 50's-60's and 70's when asbestos was in everything. How did it happen? People retuiring from WW2 needed jobs, asbestos mines, no worries mate.
cheers

(Actually, it often cost the private companies required to comply with federal and state regulations millions, but that's a minor point, I suppose)

Not sure how this helps your argument either, or even relates to it.

Asbestos has been regulated since the early 70's in construction. So what of all this? You've come in and vaguely questioned my original premise with... well, with nothing. This whole insurance fraud thing only looks stupider as more information comes out.

By the way, given that cleanup costs at the WTC complex alone is costing more than the asbestos removal would cost, and that Silverstein was recently ruled against in the whole two-incident/one-incident thing for insurance purposes, and given that building the new complex is going to cost far more than the insurance paid out...

...what, precisely, is your point?
 
I'm glad my thread was helpful. Also, holy thread ressurrection, Batman!

Watch out, Robin, or it'll catch you in it's confuse ray!

I like that you've become the sidekick in your own thread by the way... :p

By the way, police studies was what I studied for my first undergrad degree, not something I currently work with or study actively (beyond a basic interest in law enforcement news)... the one I completed over two years ago. You left out that I am currently studying for a mathematics B.S. and enjoy reading the works of H.P. Lovecraft and like popular film. I must surely be a plant for being able to do things, yessiree.

Lucky. I'm studying for my high school equivalent maths...I never did it at school.
 
I like that you've become the sidekick in your own thread by the way... :p

The irony of that doesn't escape me. :)

I wonder if Wizentub plans to return to substantiate his claims I'm a "plant." Guess not. I want to be a cactus, though, if I get to choose what kind of plant. I've always liked cacti.

Lucky. I'm studying for my high school equivalent maths...I never did it at school.

Well, good luck to you.
 
I'm wondering if Wizentub is planning to take his or her insights to the various entities that have paid out over 9/11. I'm sure they'd be very interested in compelling evidence of insurance fraud.
 
I'm wondering if Wizentub is planning to take his or her insights to the various entities that have paid out over 9/11. I'm sure they'd be very interested in compelling evidence of insurance fraud.

My guess would be "no."

Did he even claim to have such? His posting so far seems to be mostly disjointed rambling about asbestos, buildings, calling me a plant, and something about unspecified "changes" to general liability policies.
 
Of course they were. Those poor but cagey Malaysians used INVISIBOOtm. Some day they'll learn about cranes and elevators and stuff.

[qimg]http://www.internationalskeptics.com/forums/imagehosting/87904673890f1055f.jpg[/qimg]


Hmm, there could be bamboo scaffolding in that pic. It is widely used in Hong Kong even for pretty big projects -- see this pic for a building that's got cloth-draped bamboo scaffolding all the way up, and here's another impressive pic of bamboo scaffolding in use in HK. Obviously that's not all they were using at the Petronas though, if they were using it at all.
 
Last edited:
That bamboo is strong stuff, truly.

But what did it have to do with insurance fraud, 9/11, asbestos, the Trade Center towers, or anything in this thread?
 

Back
Top Bottom