More than 50,000 claims are expected in Alabama from hurricane damage, however, complete cost estimates won’t be available until this month.
Ragan Ingram, Department of Insurance assistant insurance commissioner, told the Huntsville Times his agency hasn’t seen companies rushing to increase rates, but predicts hikes are likely.
Topics Claims
Was this article valuable?
Here are more articles you may enjoy.
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme 
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses From This Issue
