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:
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