It Figures

1,201

The Texas Department of Insurance received 1,201 justified complaints out of nearly 900,000 claims originating from Hurricanes Ike and Dolly in 2008. These complaints represent less than one quarter of 1 percent of consumers who reported problems with their insurance claims, according to the Insurance Council of Texas. Insured losses for Dolly’s 50,000 claims were estimated at $500 million. The number of claims from Ike topped 800,000 with insured losses in excess of $10 billion. Between 95 percent and 100 percent of all of Ike claims have been settled, the ICT said.