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Hurricane Insurance Claims Paid in Mississippi Approaching $3 Billion Mark
Jackson –Commissioner of Insurance George Dale announced today that insurance companies
have paid out nearly $3 billion in hurricane related claims. Over $1.9 billion of that is for
Hurricane Katrina claims, $845 million in flood insurance claims, with claims paid for Hurricane
Rita nearing $5 million. The approximate total for claims now stands at $2,883,096,865. Those
numbers are expected to rise as the Mississippi Insurance Department (MID) continues to work
with companies and consumers on hurricane related issues. As of today there have been some
384,277 claims filed on Hurricane Katrina and 3,476 claims filed on Hurricane Rita.
Dale daily reiterates his message to insurance companies,”Pay more claims and pay them faster.
We are still taking over 500 to 1,000 calls a week and are devoting the majority of our time in
assisting people with hurricane related issues, and we’ll continue to do so as long as it takes, “ he
said.
MID has recently issued two bulletins to further assist consumers in hurricane affected areas. Read more at doi.state.ms.us
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