June 17, 1998
Letter
in Response to June 3, 1998 Insurance Co. letter to KWVA
[KWE Note: Harley Coon assumed the presidency of the KWVA on 7/27/98,
relieving Nick Pappas of his duties as KWVA president. The responsibility
to follow-up on the KWVA’s second partial claim to the insurance
company thus fell on Coon’s administration, according to Nick
Pappas.]
Korean War Veterans Association, Inc
Office of the President
Nicholas J. Pappas
To
Mr. Greg A. Ray, Esquire
Chubb Group of Insurance Companies
Fifth Avenue Place
120 Fifth Avenue - 21st Floor
Pittsburgh, PA 15222-3008]
RE: KWVA Employee Theft Claim (Policy #8145-38-48)
Ref (a) Chubb Letter of 6/3/98 w/enclosed check
Ref (b) KWVA Letter of 5/20/98 w/Amended Partial Release & Assignment
(5/19/98)
Dear Mr. Ray
KWVA, Inc. accepts receipt of the Federal Insurance Company check
(#001-04416198 dated 6/2/98), forward by reference (a) as a "partial" settlement
of the subject claim as per the conditions/reasons delineated in
reference (b). The KWVA does not concur with your "arbitary" 90
day limit set by reference (a) to close your files. As you know,
our CPA, Stan Myrda, is a sole practitioner who cannot devote full
time to our affairs. He has worked diligently on the subject claim
and continues to do so. We are unable to afford the luxury of full-time
CPAs. Our request for 180 days as set forth in reference (b) for
Mr. Myrda to complete the subject matter is entirely reasonable,
considering the circumstances.
As to your questions concerning the FBI, you misread reference
(b). CPA Myrda has only provided copies of all letters to the FBI
pertaining to the subject matter, and has no knowledge of any aspects
of their investigation.
Thank you for the "partial payment." Hopefully, all
other issues concerning the subject claim will be resolved as quickly
as practicable.
Very respectfully,
Nicholas J. Pappas
President, KWVA
cc: Executive Council, Myrda, Huntleigh/McGhee, FBI, Maines, Anderson
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