Kansas Insurance Department Recovered $13.8 Million in 2008

January 26, 2009

Separate emails using a comma.

Kansas Insurance Commissioner Sandy Praeger’s office said it helped thousands of Kansas consumers settle disputes with their insurance companies in 2008, recovering more than $13.6 million in insurance claims for policyholders.

The recoveries are funds returned to policyholders through settlement of claims disputes with insurance companies, based on inquiries and formal complaints filed with the department. These monies are above and beyond what companies had offered consumers to settle the claims.

The department recovery total was the second highest in the past five years.

Although the number of complaints increased slightly from 2007, Praeger pointed to a general downward trend as evidence that consumers are more educated and companies are more mindful about how claims are handled.

Source: Kansas Insurance Department
www.ksinsurance.org

Separate emails using a comma.
Subscribe Like this article?
Subscribe to our free email newsletter.

Latest Comments

  • January 28, 2009 at 3:13 am
    caffiend says:
    Bbefore we start throwing stones... Lets see some actual numbers on the number of claim disputes that additional money ended up being paid out. "Kansas Insurance Commissioner ... read more
  • January 26, 2009 at 4:29 am
    RF says:
    Woopie, letrs throw a party. I know several public adjusting firms that do at least that amount every year. Kansas needs some good consumer protections laws with some teeth ... read more
See all comments

Add a Comment

Your email address will not be published. Required fields are marked *

*

More News
More News Features