$4.5 Million
The Kansas Insurance Department’s Consumer Assistance Division recovered almost $4.5 million from insurance companies as a result of the resolution of disputed claims in September. The department said it was a record month for such recoveries. The amount is based on inquiries and formal complaints filed with the department by policyholders. The money recovered is above and beyond what companies had originally offered policyholders in claims settlements. From 2003 through 2008, the department recovered nearly $72 million for Kansas policyholders.
Was this article valuable?
Here are more articles you may enjoy.
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 


