Claims News Service, Aug. 30, 10:40 a.m. EDT — Insurance Commissioner George Dale recently vowed that the Mississippi Insurance Department will continue its devotion on getting as many claims from Hurricane Katrina paid as is possible. Dale cited recent statistics from the Insurance Information Institute — that 94.3 percent of homeowner claims in Mississippi have been settled — when expressing the MID's dedication.

“It is that other 5.7 percent of claims that concerns me most,” he said. “I want all claims paid as quickly as possible so people can continue to begin rebuilding their lives.” Dale also urged anyone who has not participated in the MID Hurricane Katrina Mediation program to do so, and added that the MID must continue working with consumers, the insurance industry, and state and federal legislators to find solutions for long-term storm-related insurance issues.

The MID also released the following Katrina statistics by the numbers:

?14: The number of bulletins issued by the MID instructing insurance companies and agents on the handling of claims and other Katrina issues.

?483,693 and $10,552,356,484: The number of claims filed and the amount paid out in claims for Hurricanes Katrina and Rita in Mississippi as of Aug. 1, 2006.

?236,372 and $7,622,989,516: The number of claims filed and amount paid out in claims in Hancock, Harrison, and Jackson counties for Hurricanes Katrina and Rita as of Aug. 1, 2006.

?16,000 and $10,570,000: The number of claims directly handled and claim payments collected for consumers by the MID Consumer Services Division between Aug. 29, 2005, and July 31, 2006.

?18,891 and $2,354,660,628: The number of flood claims filed and the amount paid out for flood claims in Mississippi as of Aug. 1, 2006.

Special Reports /

Mississippi Dedicated to Settling Katrina Claims

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