MISS. COMMISSIONER ANNOUNCES NEW MEDIATION PROGRAM
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.
Popular Today
- Wealthy County in New York Must Pay $112 Million Over Immigrant Rights Violations
- Swiss Re Shares Drop After New Profit Target Falls Short of Expectations
- Acrisure CEO Greg Williams Makes $400M Commitment to Michigan State University
- People Moves: Walsh to Become President, CEO of Keystone; SageSure Appoints Sence