The Institutes

NICB: Mississippi Acts To Protect Buyers From Flood Of Flooded Vehicles

 Thursday, January 11, 2018


The Mississippi Insurance Department and the Mississippi Collision Repair Association have teamed up to protect residents from buying cars damaged by Hurricanes Harvey and Irma. Following the two storms, officials say thousands of flood-damaged vehicles have made their way from Texas, Louisiana and Florida into Mississippi to be eventually sold to unsuspecting buyers. Many of the cars have been sold to unscrupulous dealers or dismantlers who will clean them up, retitle them and sell them for a quick profit. According to the Mississippi Insurance Commissioner, Mike Chaney, the biggest threat is from cars that were not insured for flood damage.

NICB: Hurricanes Leave Record Numbers Of Vehicles Damaged

 Thursday, October 19, 2017

 National Insurance Crime Bureau

Texas Flood Damaged Cars Can Be Hazardous to Buyers

 Monday, June 8, 2015


Huge losses put federal flood insurance plan in the red

 Thursday, August 26, 2010

 USA Today

Homeowners mull flood options

 Monday, August 2, 2010

 The Arizona Daily Sun