Article

2009-06-19 China-Japan-Koreas

Global Insurance Fraud By North Korea Outlined

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Steve White 2009-06-19 00:00|| || Front Page|| [4 views ] Top

#1 Who would even be stupid enough to write a policy for the North Koreans? I think this is just greedy insurance companies getting burned. Heck, we know acceptance criteria are crap.

Posted by gromky 2009-06-19 03:03|| 2009-06-19 03:03|| Front Page Top

#2 Now that I've read the entire article:

Some brokers and companies, he said, thought they were dealing with a company from South Korea, while others were unaware that North Korea is a secretive totalitarian state with one of the world's worst human rights records.

And I was right! Anyone need more proof that the entire financial services sector is run by idiots claiming that they're talented?

Posted by gromky 2009-06-19 03:11|| 2009-06-19 03:11|| Front Page Top

#3 Maybe why they were so certain the US economy was going to tank, with AIG and other insurance companies unable to pay claims?

Posted by Lumpy Elmoluck5091 2009-06-19 12:10|| 2009-06-19 12:10|| Front Page Top

#4 so lets see.... in the latest Triumvirate of Evil, we have NKorea, Iran and Syria. Remembering Richard Armour's definition of a triumvirate - "it's where two guys get together and say uncomplimentary tings about a third...", who doesn't belong in this list:

Dear Leader
Supreme Leader
Pencilneck

Posted by Flotle McCoy6929 2009-06-19 12:22|| 2009-06-19 12:22|| Front Page Top

23:51 CrazyFool
23:45 CrazyFool
23:14 Cornsilk Blondie
23:00 Rambler in Virginia
22:56 Cornsilk Blondie
22:52 Cornsilk Blondie
22:51 abu do you love
22:48 tu3031
22:32 Barbara Skolaut
22:27 Frank G
22:01 Shieldwolf
21:55 Besoeker
21:25 Frank G
21:22 Frank G
21:18 Mike
21:14 Mike
21:12 no mo uro
21:11 Besoeker
21:02 Frank G
20:54 Gomez Graing8130
20:48 Anonymoose
20:45 airandee
20:44 airandee
20:37 Anonymoose