Albuquerque Journal (Albuquerque, NM)

Cerro Grande Payouts Rolling In.(Journal North)

Byline: Wren Propp Journal Staff Writer

$15 Million Goes To Insurance Cos.

The federal agency in charge of paying claims from the Cerro Grande Fire has written checks worth nearly $15 million to insurance companies that compensated victims of the May 2000 blaze.

"Initially they were very concerned until they saw it actually coming; it's so great that the check is in the mail," said Steve Oliver, director the claims program for the Federal Emergency Management Agency.

Paying "subrogation" claims -- money paid by insurance companies to their policyholders who lost homes and personal property in the fire -- had been put on hold for at least two years while FEMA distributed money to other claimants. …

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