A mediation program for homeowners battling insurance companies in the wake of Hurricane Katrina has been unveiled by George Dale, Mississippi Insurance Commissioner.
Dale’s staff researched Florida’s program for months, and a spokesperson told the Jackson Clarion-Ledger it hopes to implement a similar program in Mississippi.
Under the Florida program, a consumer files a complaint, and the policyholder and insurance company have 21 days to strike a deal. If they do not agree within that time frame, the parties then meet with a mediator to settle.
South Mississippi residents complained insurance payments are too small and flood damage is not covered. Homeowners are surprised their coverage did not include flooding.
Was this article valuable?
Here are more articles you may enjoy.
After 62 Years, Florida Appeals Court Drops the Expert Witness Rule on Attorney Fees 
AccuWeather Atlantic Hurricane Season Forecast: 11-16 Named Storms 
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 
Florida Man Faked Brain Injury for Years in Attempt to Gain $6M in Insurance From This Issue
