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Schenectady having some demolitions paid for

Officials getting insurers, owners to foot the bill

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It turns out that if you badger insurance companies and owners enough, they will pay for the demolition of their burned-out buildings. Using that strategy, the city has so far managed to get other people to pay for demolitions under the new policy to demolish burned-out houses as soon as the fire is extinguished. “We’re going after people,” Mayor Gary McCarthy said. “Right now, we’re pretty close to breaking even.” In some cases, city officials ...

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June 18, 2012
8:56 a.m.

[ Flag Post ]

You can not pass a law that says the city is the loss payee on "MY" insurance policy, it is illegal. Here goes King McCarthy and his merry band of liberal stooges looking for more ways to steal from the taxpayer. The first time you try to take a private individuals insurance money you would have the pants sued off you, not only by the person who is insured but also by any bank that holds the mortgage. You might want to talk to the NYS Attorney General about that bright idea.