In Mississippi, the state’s Attorney General Jim Hood has sued five private insurance companies, saying adjusters are trying to trick Hurricane Katrina survivors out of millions of dollars in homeowner claims. Insurance companies are offering property owners $3,000 in immediate living expenses if they sign a waiver that says all of the damage to their property was caused by flooding, which is not covered in homeowners’ policies.
Mississippi Sues Insurance Companies Over Hurricane Policies
HeadlineSep 20, 2005