Insurance Emergency Declared

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(Sacramento, CA)
Wednesday, October 24, 2007

“I am declaring an official insurance emergency.”

That’s California Insurance Commissioner Steve Poizner. 

“Right now the insurance companies tell me they don’t have enough adjustors to deal with the thousands of claims that are coming in.”

Hence, the emergency declaration.  It means adjustors from other states can come in to help deal with the fire claims. Ordinarily, that’s not allowed.   Poizner says that will speed up the process of getting money to victims.  He says some companies have already started sending out checks for living expenses. That will help those people who’ve lost their homes pay for temporary housing. Poizner has also sent a fraud task force to catch scam artists looking to take advantage of fire victims – and a consumer services team to make sure claims are processed quickly.