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.
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says
LA Fire Survivors Got a Rude Surprise That Could Hit More Americans
Florida Board Drafting Rules That Could Stem Bogus Engineering Reports in Claims
Kin Moves Into Florida and Texas With Home-Auto Bundle Products 


