Mississippi Insurance Commissioner George Dale said he has convinced State Farm to reopen and readjust all Hurricane Katrina claims in the Mississippi coastal counties upon request of policyholders.
He said State Farm has agreed and informed him that it intends to make unspecificed millions of dollars available for additional payments to policyholders in Hancock, Harrison, and Jackson counties.
Dale said this agreement is based upon preliminary findings of his department’s examination of State Farm’s handling of Hurricane Katrina claims, and the recent withdrawal of a proposed class action settlement.
Source: Mississippi Insurance Department
Topics Claims Mississippi State Farm
Was this article valuable?
Here are more articles you may enjoy.
Europe’s Insurers Cut Coverage of Weather Losses, Report Says 
Business Interruption Claims Approach $1M Average, Says Allianz 
‘Unusual’ Isaias Brings Winds, Downed Trees But Fewer Claims Than Expected 
Eastern States’ Grocers Shut Online Systems After Cyberattack 
