Arkansas Insurance Commissioner Allen Kerr says the Consumer Services Division (CSD) of the Arkansas Insurance Department recovered $1,580,421 for Arkansas insurance customers in the first six months of 2016.
The amounts recovered for Arkansas consumers by CSD are in excess of the amounts initially offered by insurance companies.
In the first six months of 2015, $1,443,296 was recovered.
So far in 2016, the Consumer Services Division received 1,242 complaints and closed 1,142 cases.
CSD assists insurance consumers with complaints and inquiries regarding insurance companies, producers, and adjusters. The division investigates all complaints, working with the insurance company and the consumer to determine the appropriate course of action.
Source: AID
Was this article valuable?
Here are more articles you may enjoy.
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants 
Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
