US insurers react angrily to Katrina law suits
The National Association of Mutual Insurance Companies (NAMIC) has issued a statement in reaction to lawsuits being brought by Mississippi Attorney General Jim Hood against insurance companies handling claims related to Hurricane Katrina. The statement was put out by Roger H. Schmelzer, Sr. Vice President–State and Regulatory Affairs.
According to the statement: “It is outrageous for an Attorney General from a state that requires regulators to approve insurance forms to retroactively seek changes in coverage already scrutinized byOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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