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.
Private Equity Turns to Heat Detectives as Climate Risks Intensify 
Farmers to Pay $2.8M to Settle TPCA Class Action Lawsuit 
Merger Suits Stall Under DOJ Boss Who Opposes Blocking Deals 
Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation From This Issue
