IAJ says 91.1% of Hurricane Melissa claims settled, $59.4 billion paid out

KINGSTON, Jamaica — The Insurance Association of Jamaica (IAJ) says it has settled 91.

1 per cent of insurance claims reported across specified categories following Hurricane Melissa, with payments totalling $59. 4 billion, as the industry marks one year since the devastating storm. According to statistics from the association’s latest industry report released on Wednesday, 8,450 of the 9,365 claims recorded had been…