DFS REPORTS TOWN MEETING RESULTS

June 6, 2005

Almost 3,000 Floridians attended seven town hall meetings held between March 2 and April 9 around the state in hard-hit hurricane areas, CFO Tom Gallagher issued a report showing more than 62,000 storm victims have been assisted.

The Department of Financial Services received 31,000 applications for reimbursement and according to the report, to date, 25,500 applications have been approved totaling $41.2 million. The average amount approved for a payment is $1,600. Of 31,000 applications, 117 condominium and homeowners associations applied for reimbursement with $4.5 million paid. DFS said approximately 1,600 applications are pending until more documentation is supplied.

A status update of consumer files opened at the meetings shows: March 2, Pensacola, 137 files opened, 129 files resolved/awaiting mediation; March 10, Sebastian, 63 files opened, 51 resolved or awaiting mediation; March 12, Punta Gorda, 99 files opened, 94 resolved or awaiting mediation; March 19, Orlando, 23 files opened, 22 resolved or awaiting mediation; April 2, Ft. Pierce, 87 files opened, 74 resolved or awaiting mediation; April 7, Jupiter, 68 files opened, 49 resolved or awaiting mediation; and April 9, Bartow, 27 files opened, 22 resolved or awaiting mediation.

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine June 6, 2005
June 6, 2005
Insurance Journal Magazine

Marine & Tech Directory