Geico - ConflictNinterest /Failure2Warn
Conflict of interest and FAILURE to WARN?
((( Conflict exists with Geico affaliate Getz Insuring Hyundai Motors
whom I bought the car from and Geico Is my Insurer )))
320 crossblade torslanda surf cc getz geico car
I was quite annoyed to find a Hyundai Getz )))
I am requesting this office to look into a situation of CONFLICT of INTEREST and a defective product sent to Consumers and APPROVED by Insurance (GEICO) for sale of (FLOOD DAMAGED) vehicles from
(Hurricane IKE) to OKLAHOMA market without (FAIR WARNING) under the act and act which
((( makes ANYONE responsible for making a DEFECTIVE PRODUCT available to CONSUMERS without PROPER WARNING as they have a DUTY TO WARN )))...
An investigation is being swept under the RUG and I need your assistance in this matter that is being swept under the RUG against a
((( Disabled Veteran with PTSD )))
Even the ( 21st Century Insurance Adjuster )
(Hyundai Motors) of sent vehicles to the OKLAHOMA market
These vehicles were damaged in the in
((( Alabama's Hyundai Plant )))
(Edmond Hyundai) as well as Automax and Others bought cars approved by Geico and other insurance agencies (WITHOUT PROPER WARNING) that these vehicles had been flood damaged.
I bought a 2009 Hyundai Santa Fe 07/29/2009 from Edmond Hyundai with GEICO's IMMEDIATE APPROVAL with HIGHER RATES...
On Sept 04, 2009, before we even made our first car payment or purchased the tags. The CAR blew up while I was driving and BURNED the ENGINE and was IMMEDIATELY TOTALED by GEICO and charging me a $6,000 charge back for issues that were related to the vehicle before purchase...
(((( Conflict of interest ))))
National Association of insurance Commissioners
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Conflict of interest
A conflict of interest (COI) occurs when an individual or organization is involved in multiple interests, one of which could possibly corrupt the motivation for an act in the other.
A conflict of interest can only exist if a person or testimony is entrusted with some impartiality; a modicum of trust is necessary to create it. The presence of a conflict of interest is independent from the execution of impropriety. Therefore, a conflict of interest can be discovered and voluntarily defused before any corruption occurs.
The occupations where a conflict of interest is most likely to be encountered or discovered include: policeman, lawyer, insurance adjuster, politician, engineer, executive, director of a corporation, medical research scientist, physician, writer, or editor. In short"”any entrusted individual or organization.
ï‚· Insurance companies retain claims adjusters to represent their interest in adjusting claims. It is in the best interest of the insurance companies that the very smallest settlement is reached with its claimants. Based on the adjuster's experience and knowledge of the insurance policy it is very easy for the adjuster to convince an unknowing claimant to settle for less than what they may otherwise be entitled which could be a larger settlement.
ï‚· There is always a very good chance of a conflict of interest to exist when one adjuster tries to represent both sides of a financial transaction such as an insurance claim. This problem is exacerbated when the claimant is told, or believes, the insurance company's claims adjuster is fair and impartial enough to satisfy both theirs and the insurance company's interests. These types of conflicts could be easily be avoided by the use of disclosures.
14111 Danielson St Poway, CA 92064-6886
General Atomics Aeronautical Systems, Inc
PO Box 85608 San Diego, CA 92186
Generation Contracting & Emergency Services
13750 Danielson St Poway, CA 92064-7126
Genie Steam Pros
PO Box 22685 San Diego, CA 92192
Getz & Associates
13025 Danielson St Ste 107 Poway, CA 92064
Codes of ethics
Generally, codes of ethics forbid conflicts of interests.
Often, however, the specifics can be controversial. Should therapists, such as psychiatrists, be allowed to have extra-professional relations with patients? Ex-patients? Should a faculty member be allowed to have an extra-professional relationship with a student, and should that depend on whether the student is in a class of, or being advised by, the faculty member?
Codes of ethics help to minimize problems with conflicts of interests because they can spell out the extent to which such conflicts should be avoided, and what the parties should do where such conflicts are permitted by a code of ethics (disclosure, recusal, etc.).
Thus, professionals cannot claim that they were unaware that their improper behavior was unethical. As importantly, the threat of disciplinary action (for example, a lawyer being disbarred) helps to minimize unacceptable conflicts or improper acts when a conflict is unavoidable.
As codes of ethics cannot cover all situations, some governments have established an office of the ethics commissioner. Ethics commissioner should be appointed by the legislature and should report to the legislature.
Commonly, politicians and high-ranking government officials are required to disclose financial information - assets such as stock, debts such as loans, and/or corporate positions held, typically annually. To protect privacy (to some extent), financial figures are often disclosed in ranges such as "$100,000 to $500,000" and "over $2,000,000".
Certain professionals are required either by rules related to their professional organization, or by statute, to disclose an actual or potential conflicts of interest. In some instances, the failure to provide full disclosure is a crime.
Review about: Car Insurance.
Review #196177 is a subjective opinion of a user.