More than 50,000 claims are expected in Alabama from hurricane damage, however, complete cost estimates won’t be available until this month.
Ragan Ingram, Department of Insurance assistant insurance commissioner, told the Huntsville Times his agency hasn’t seen companies rushing to increase rates, but predicts hikes are likely.
Topics Claims
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’ 
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles From This Issue
