Hurricane Ida claims News

Louisiana Commissioner Directs Insurers to Talk to Policyholders as Hurricane Ida Claims Deadline Looms

A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny Moseley & Associates, state Insurance Commissioner James Donelon on Thursday issued a directive warning insurers not to use a letter …

Hurricane Ida Paid Claims in Louisiana Grows to $13.9B

Insurers have paid or reserved to pay $13.9 billion on all types of Hurricane Ida-related claims in Louisiana through September 30, Insurance Commissioner Jim Donelon announced today. This data is the final measure of damage from Hurricane Ida, which struck …

Louisiana Insurers Have Paid $13.1 Billion on Ida Claims

Louisiana insurers have paid or reserved to pay $13.1 billion on Hurricane Ida claims through June 30, 2022, the state’s department of insurance announced this week. Policyholders have filed 460,709 claims of all types from Hurricane Ida as of the …

Louisiana Guaranty Fund to Borrow $600 Million to Pay Claims

A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021’s Hurricane Ida. The Times-Picayune ‘ The New Orleans Advocate reports that the Louisiana Insurance Guaranty Association will seek approval of the plan …

Louisiana Audit Shows Hurricanes Led to Increase in Insurance Complaints

Residential property. complaints against Louisiana insurance companies skyrocketed in the aftermath of 2020 and 2021 hurricanes, according to a report released this month by the Louisiana Legislative Auditor. The Louisiana Department of Insurance (LDI) received 21,143 complaints in the calendar …

Louisiana Insurers Have Paid or Reserved $12.1B on Ida Claims

Louisiana Insurance Commissioner announced insurers have paid or reserved $12.1 billion on all types of Hurricane Ida-related claims in Louisiana through March 31. This data is the second measure of damage from Hurricane Ida, which struck the state on August …

Louisiana’s Donelon: Policyholders Should Check For Ida Deadlines

Louisiana Insurance Commissioner Jim Donelon is encouraging policyholders who filed claims for Hurricane Ida damage to check with their agent or insurance company for any required deadlines necessary to settle their claims. The Louisiana Department of Insurance said earlier this …

Louisiana Commissioner: Insurers Have Paid or Reserved $10.5 Billion in Ida Claims

Insurers have paid or reserved $10.5 billion on all types of Hurricane Ida-related claims in Louisiana through the end of 2021, Insurance Commissioner Jim Donelon said in a release Jan. 31. The Louisiana Department of Insurance generated claims information from …