Americas Insurance Company News

SafePoint Insurance Co. will assume approximately 24,000 homeowners policies in Louisiana from Americas Insurance Co., which was placed into receivership in January after suffering heavy losses from a series of hurricanes in 2020 and 2021. Louisiana Insurance Commissioner Jim Donelon …

Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in 2021. Americas Insurance Company was into receivership …