The Minnesota Department of Commerce has reported that insurance companies have resolved about 80 percent of the claims generated after a tornado swept through north Minneapolis in May.
The agency said that policyholders filed 4,530 claims following the May 22 storm. Fewer than 920 claims were outstanding as of Oct. 1.
Commerce Commissioner Mike Rothman says the department collected data from more than 40 insurance companies. He says the numbers help the department monitor the progress that insurance companies are making on processing claims.
The claims that have already been paid out total $64 million. Another $8.7 million in claims has yet to be processed.
Storm victims who have questions or are having trouble processing their claims are encouraged to contact the Minnesota Department of Commerce’s Consumer Response Team for assistance.
Source: Associated Press; Minnesota Department of Commerce
Was this article valuable?
Here are more articles you may enjoy.
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies
Lululemon Slips as Texas Announces Probe of ‘Forever Chemicals’
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist 

