1,201
The Texas Department of Insurance received 1,201 justified complaints out of nearly 900,000 claims originating from Hurricanes Ike and Dolly in 2008. These complaints represent less than one quarter of 1 percent of consumers who reported problems with their insurance claims, according to the Insurance Council of Texas. Insured losses for Dolly’s 50,000 claims were estimated at $500 million. The number of claims from Ike topped 800,000 with insured losses in excess of $10 billion. Between 95 percent and 100 percent of all of Ike claims have been settled, the ICT said.
Was this article valuable?
Here are more articles you may enjoy.
After 55 Years in Florida Insurance, Tom Lynch Reflects on Agencies, Changes Needed
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal
Husband and Wife Insurance Brokers Sentenced for Fraud Scheme
Company at Center of Cyclospora Outbreak Complained to White House, Source Says 


