Yet another Tea Party challenger for a Republican seat in Congress may bite the dust as a new scandal emerges. Tom McArthur is a crooked millionaire running against Congressman Steve Lonegan in New Jersey’s third district race, but it turns out that the insurance claims management company he runs is accused of screwing over victims of various disasters, including Hurricane Sandy. As often seems to be the case these days, scratch a right-wing millionaire and you’ll find a sleazy so-called “job creator.”
The Daily Mail reports Tom McArthur runs York Risk Services Group, an insurance claims management group that boasts on its website: “We re-price 500,000 medical bills per year and save clients an average of 61% on each bill.” And of course, these “clients” aren’t the actual human beings who’ve actually purchased policies and are now in need of help, they’re the insurance companies who’ve collected their premiums and now don’t want to pay. From 1999-2009 he’s served variously as president, CEO, and chairman of the board, and he was a major shareholder through 2006.
York Risk Services Group is part of AIG, an evil insurance company known for screwing disaster victims over after various events including Hurricane Sandy, Hurricane Ike, and the California wildfires (for which York paid settlements). Lord knows how many jobs were lost or never created when York helped AIG deny people their claims: But of course McArthur’s facebook page claims that he’s a “job creator.”
“As a business leader, I helped to create thousands of jobs. Now I’m running for Congress as a Republican to promote prosperity and opportunity for all.”
Here’s this Tea Party ‘business leader’ in action:
- Tom MacArthur ran York Risk Services Group, a unit of AIG insurance, when the company allegedly skimped on a series of high-risk claims
- York paid half of a $285,000 fine following government claims that it underpaid policyholders by $10.8 million after a massive California wildfire
- A Christian college in Houston and the Port of Galveston, Texas sued York and other insurers for skirting multimillion-dollar claims after Hurricane Ike
Also, it turns out McArthur’s campaign barely has any money — other than the $2 million McArthur loaned to himself.
h/t Daily Mail.