Tilman will be on CNBC in 1 hour. Prepare for greatness!

Attacking his self proclaimed twin?

Vicious.

 

Maybe try using those brains to give a damn about other people's health and immune systems.

 

Imagine you own at a restaurant where it's name and concept is a joke from Forest Gump which has been cancelled. Have they been cancelled yet for profiteering off the insulting image of people with mental handicaps? Have they been cancelled yet? Tell me have they been cancelled!? Tilman is officially canceled and so are the Rockets ya'll. Sorry, cancel culture has spoken and no one is safe.

 

I miss TilmanFinancialWindfall and his greatly informative, upbeat, non-confrontational, non-political commentary. Really a shame he got the boot.

Wonder what screen name he's masquerading around as now though.

 

https://www.bloomberg.com/news/arti...ner-sues-insurer-over-covid-19-claim-denials?



Houston Rockets Sue Insurer Over Denied Covid-19 Loss Claims
By
Jef Feeley
and
Katherine Chiglinsky
July 15, 2020, 9:51 AM EDT Updated on July 15, 2020, 10:56 AM EDT

• 
  Owner Ferttita argues policy covers NBA team’s lost revenue
• 
  Insurers are facing billions in business-interruption claims

Tilman Fertitta


Photographer: Jin Lee/Bloomberg

The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid to tap its business-interruption insurance policy over revenue losses from the Covid-19 pandemic.

Fertitta’s Rocket Ball Ltd. and Clutch City Sports & Entertainment L.P., the respective holding companies for the team and Toyota Center where the Rockets play, sued Affiliated FM Insurance Co. Wednesday in state court in Rhode Island. That company is a division of commercial property insurer FM Global Group, which is based in Johnston, Rhode Island.

The suit is the first by an NBA team seeking to recover losses tied to the economic body blows wrought by the coronavirus. Fertitta said in court filings he paid around $719,000 in annual premiums for more than $400 million in business-interruption insurance. He said the policy covers the pandemic because it was not specifically excluded.

Steven Zenofsky, a spokesman FM Global, didn’t immediately return a call or an email seeking comment on the Rocket’s suit.

Fertitta, who also owns the Golden Nugget casino and the Landry’s restaurant chain, joins more than 50 other businesses across the U.S. who’ve sued insurers for denying claims on business-interruption policies, according to data compiled by Bloomberg.

The stakes in this wave of business-interruption cases are high for insurers, who say such policies were only intended for physical damage and were never priced to cover a global virus outbreak. Many specifically exclude pandemics.

U.S. companies with fewer than 100 workers could claim aggregate losses of as much as $431 billion a month, the American Property Casualty Insurance Association estimated. That’s nine times more than the $47 billion the industry said it paid for covered losses arising from the Sept. 11, 2001, terrorist attacks, when only a third of claims were for business interruptions, according to the Insurance Information Institute.

The case is Clutch City Sports & Entertainment LP and Rocket Ball Ltd v. Affiliated FM Insurance Co., No. PC-2020-05137, Providence/Bristol County Superior Court (Providence)

— With assistance by Brandon Kochkodin

 

So, yesterday Tilman blew up at Mayor De Blasio :



De Blasio's press secretary took it out on Tilman ... and to make it Rockets-related, he took it out on the Rockets, too (strange world when a Knicks fan says anybody else's team sucks, but then maybe he's not a Knicks fan) :

 

Fertita is worse than Bud Adams

DD

 

I literally hate this dude.

 

What an embarrassment.

 

Does he get worse if his Lake Charles casino is destroyed by the hurricane?

 

I hope his casino gets smashed by the hurricane and his restaurants as well and he gets forced to sell this team. **** this guy.

 

Mr. Tilman has the finest flood insurance money can buy.

 

Then hire Silas or JVG anybody but who Harden wants.

 

Tweets that didnt age too good

 

He says it like they are still in their 20s.

Why didn't he go into politics, at least he would be among equally talkative liars.

 

I’d like to think Tilman was just blowing smoke to increase their trade values but unfortunately he’s dead ass serious. You aren’t winning a Championship with Harden as your best player and you gotta be brain dead if you think you’re winning a Championship with Westbrick as your 2nd best player.

 

I think this is misquoted.

"We are going to do whatever we had to do to win except go over the luxury tax and pay for a decent coach."

 

All morey and harden fault.

Now Tilman has to clean up this mess from the last 13 years and look like the bad guy.