The American Property Casualty Insurance Association chimed in to a recent Senate subcommittee hearing to defend the industry’s response to claims following hurricanes Milton and Helene.
“The vast majority of claims from Hurricanes Milton and Helene have been settled, totaling more than $8 billion paid to policyholders,” said David A. Sampson, president and CEO of industry trade association APCIA. “There were minimal complaints on those claims, with less than 1% of claims generating any complaints to regulators.”
During a May 13 hearing of the Disaster Management Subcommittee of the Senate Committee on Homeland Security, State