As an Insurance Journal reported
2012 gave new possibilities for many fields. Insuring policy formed under the influence of the world economical crisis. So, many states improved the ways of giving policies to the individuals. As a result, the following situation appeared. In Louisiana many claims from individuals helped to recover the insurance situation.
The insurance policyholders across the state received an additional $6.4 million in payments during 2012 by requesting assistance from the Louisiana Department of Insurance (LDI),
said insurance commissioner Jim Donelon. The number of inquiries and complaints from the people increased. Mostly funds recovered with the help of formal complaints that were connected mostly with health and life policies. We can make a conclusion that sometimes complaining plays a great role in getting additional $5.3 million payments.
As reported Insurance Journal,
Another interesting accident happened in Kentucky. All of 174 schools of this state came across one and the same problem. It was connected with closing of the Kentucky Trust. So, all of the school workers could be left without insurance funds to be payed. But government found the solution of that tense problem. Of course, they listened to the citizens’ claims and approved not to close School Boards Association. It was returned to the insurance programme and provided people with paying their insurance amounts. As the KLC Executive Director Jonathan Steiner noticed
A financial review revealed the insurance program had fiscal woes that were worse than first believed, forcing the June 30 shutdown.