The Oklahoma Insurance Department (OID) recovered more than $3 million for policyholders in 2017. The money was paid out to Oklahoma consumers who had claim disputes with their insurance company.
OID’s Consumer Assistance/Claims Division, which processes and investigates all complaints lodged by the public against insurance companies, opened 6,220 files in 2017. Employees also answered more than 16,000 phone calls.
The money recovered for consumers last year totaled $3,326,828.16.
Source: OID
Topics Oklahoma
Was this article valuable?
Here are more articles you may enjoy.
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
The $10 Trillion Fight: Modeling a US-China War Over Taiwan 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation 
