BUSINESSTHE RIO TIMES
Jamaica’s Regulator Probes an Insurance Clause Cutting Melissa Payouts
Jamaica's financial regulator is investigating an insurance clause that reduces payouts to underinsured homeowners following Hurricane Melissa. The review focuses on the average clause used by insurers to cut compensation after the hurricane.
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Related Signal
Adjacent reporting
- Federal disaster program disruptions could drive up home insurance costs
- Federal disaster program disruptions could drive up home insurance costs
- Federal disaster program disruptions could drive up home insurance costs
- Insurers shifted roof replacement costs onto homeowners thanks to a new federal rule — just in time for hail and hurricane season
- Are you adequately insured for disasters?
- Dr. Hope Thompson of the Natural Resources Defense Council on rising homeowner’s insurance