Insurance Department: $4.3 Million Recovered in 2012

| 3/1/2013

North Dakota`s Insurance Commissioner says that over $4.3 million was recovered or saved for North Dakota residents in 2012. According to Commissioner Adam Hamm, the money was recovered through the Insurance Department`s hotline, complaints filed by consumers against insurance companies and agents and through investigations performed by the department. It also includes benefits received through the Department`s Prescription Connection (PC) and State Health Insurance Counseling (SHIC) programs.

"Department staff work very hard to help North Dakota`s consumers sort out claims denials, complaints and other issues," Hamm said. "As always, consumer protection remains one of our top priorities."

According to the Insurance Department, last year they received 94 fraud referrals, totaling $714,104 in actual losses. There were 8,289 phone calls to the hotline, 119 walk-in clients and 205 formal complaints were processed. They also handled 11,732 SHIC and PC contacts.

COMMENT ON THIS STORY