Insurance company pays settlement in change

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SerScot
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Insurance company pays settlement in change

Post by SerScot »

Insurance Company in California pays assettlement it reached with buckets full of change:



Here’s the link:



news.msn.com/us/california-insurer-pays-out-in-buckets-literally



From the article:


The East Los Angeles man alleged that during an argument over why the company had cancelled his auto insurance, an agent assaulted him by physically removing him from the office.

The company reached a settlement in June and last week delivered partial payment in the form of a check, but also tried to leave buckets of loose change in his lawyer's East Los Angeles office, attorney Antonio Gallo said.

Gallo said he refused to accept the delivery because he couldn't verify the amount in the buckets. But, he said, the cash was left the next day when he was at court.

His assistant said eight people came in "and just dropped it off in the lobby," Gallo said.

Gallo, who wouldn't disclose the settlement figure, estimated there may be $20,000 or more in coins.

"There's maybe 17 buckets of coins," he said. "They probably (each) weigh anywhere between 70 to 100 pounds. I'm assuming, because I can't lift them."

One bucket is entirely full of pennies, he added.
What a raging pack of assholes. Pennies are no longer legal tender.
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Hashi Lebwohl
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Re: Insurance company pays settlement in change

Post by Hashi Lebwohl »

SerScot wrote:Pennies are no longer legal tender.
Since when?

Still....I concur--only jackasses pay their bills in pennies.
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Wildling
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Re: Insurance company pays settlement in change

Post by Wildling »

Hashi Lebwohl wrote:
SerScot wrote:Pennies are no longer legal tender.
Since when?

Still....I concur--only jackasses pay their bills in pennies.
I agree. And when did a penny start not counting as money?
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Damelon
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Re: Insurance company pays settlement in change

Post by Damelon »

Hashi Lebwohl wrote:
SerScot wrote:Pennies are no longer legal tender.
Since when?

Still....I concur--only jackasses pay their bills in pennies.
Pennies are legal tender, but they don't have to be accepted for payment. About 10 years ago at my county treasurer's office, a man tried to pay his property tax bill in pennies. The treasurer told him to take them away and bring back a check.
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