Texas Regulators Recover $32.4M in Premium Refunds, Claim Payments
(All content, text, and images courtesy of Claimsjournal.com & the Associated Press. Please visit the link for the article. http://www.claimsjournal.com/news/southcentral/2015/01/21/260390.htm) Consumer protection staff for the Texas Department of Insurance (TDI) were able to recover $32.4 million for Texas consumers during the past year as a result of complaint resolution, the agency announced recently. The money came from premium refunds and additional claim payments to con
Flood Insurance Force Played by Your Lender?
(All content, images, and text courtesy of classaction.org.) Property owners who were forced or coerced into buying excessive flood insurance by their mortgage company or bank. Damages Property owners who had an unnecessary or excessive flood insurance policy force placed on them may be able to participate in a lawsuit to seek compensation for the additional costs of this coverage. Most residences in Special Flood Hazard Areas are already insured by flood insurance policies.
How to File a Complaint with Your State Department of Insurance
(All content, text and images are the sole property of and were provided by law.freeadvice.com.) Your state’s Department of Insurance (DOI) is a resource for information on insurance companies’ financial stability, but it also regulates insurance companies’ handling of claims for promptness, fairness in negotiations and good faith settlements. Simply put, you, as a consumer, have a right to file a complaint with them if you believe your insurance claim has been mishandled or