One year after Hurricane Katrina, nearly 95 percent of homeowners' insurance claims have been settled in Louisiana and Mississippi, according to the Insurance Information Institute.
Insurance companies have paid billions in storm damage claims and the vast majority of homeowners in both states say they are satisfied with their insurance company, the I.I.I. reported.
The I.I.I. estimates that more than 993,000 homeowners' insurance claims have been settled in the two states, totaling nearly $15.5 billion.
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