Insurance Commish Mike Chaney issued the following statement.
The Mississippi Insurance Department (MID) Consumer Services Division recovered more than $8.9 million for consumers in 2023 – a nearly 23 percent increase over money recovered in 2022. The division handled more than 12,000 inquiries last year.
Additionally, more than 1,400 Mississippians used the Life Insurance Policy Locator Tool to recover more than $41 million in lost life insurance policies in 2023.
“Our Consumer Services staff does an excellent job of helping fellow Mississippians get the money owed to them when every penny counts,” said Insurance Commissioner Mike Chaney. “The division helps consumers with complaints regarding insurance companies, producers, and adjusters. In many of these cases, benefits were not paid in full or not paid at all.”
18 comments:
Excellent job.
Thanks for the good work, Commish
I've been on the wrong end of the insurance business.
Instead of paying premiums, I should have been collecting commissions.
We have a terrific Commissioner!
ahhhhh insurance.... the biggest scam ever pulled on humans.
Chaney for Attorney General. At least he earns his salary and is not a
'show horse'!
I'm betting he works a full day too.
In what form are these returns materializing? Honest question.
I'd die to get some of this $$$
2:47, I assume you don't borrow any money and have the funds set aside in the event you cause harm to anyone, or just the ole "ahh, f'em" mentality?
What 3:45 said.
I would appreciate getting several examples of how the commissioner's office helped average people on the streets. No need to name names but give results of how people like me benefitted by the commissioner's office resolving citizens' problems with insurance companies.
Commissioner Chaney's office staff quickly resolved a medical "balance billing" issue for me that had I not known about the law in Mississippi I would have been misled into paying several thousands of dollars towards a bogus medical bill. IF you have medical insurance and you do not know about the "balance billing" laws you need to look it up.
Without being specific, I personally know five people that Mike Cheney & his office have helped. Three had to do with mistakenly denied claims, two were related to insurance fraud. They were a huge help in all cases.
Chaney has a history of soliciting political contributions from insurance agents.
Hmmm...there are thousands of people whose license for their livelihood I control. I ask them to give me money. Don Corleone could not dream a better extortion racket.
5:59 George Dale once interceded for my brother in a dispute with a health insurance company. After Dale got involved, the insurance company suddenly became benevolent and paid my brother the money due him.
Sorry folks, but Chaney is a partisan, political hack. He fell in line with UMMC by not taking an appropriate position that would have helped thousands of Mississippians. He sat on the fence like a good boy, and played the peacemaker that the Mississippi deep state wanted him to. Never forget.
@3:45 2:47 here... I am insurance poor.
If he 'sat on the fence and played peacemaker', how is that partisan? Please take your time in responding.
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