A mediation program for homeowners battling insurance companies in the wake of Hurricane Katrina has been unveiled by George Dale, Mississippi Insurance Commissioner.
Dale’s staff researched Florida’s program for months, and a spokesperson told the Jackson Clarion-Ledger it hopes to implement a similar program in Mississippi.
Under the Florida program, a consumer files a complaint, and the policyholder and insurance company have 21 days to strike a deal. If they do not agree within that time frame, the parties then meet with a mediator to settle.
South Mississippi residents complained insurance payments are too small and flood damage is not covered. Homeowners are surprised their coverage did not include flooding.
Topics Mississippi
Was this article valuable?
Here are more articles you may enjoy.
Models Stripped of Insurance Cover for Club’s Unauthorized Use of Their Images 
Coca-Cola Suspends Fairlife Operations After Cyberattack 
US P/C Industry Books Best Result in a Decade but Not All Lines Enjoy Success 
Chubb Q2 Net Income Down 3.8% on ‘Overly Soft’ Large Account, E&S Property From This Issue
