Insurance Commissioner Jim Donelon is asking the Federal Emergency Management Agency (FEMA) to extend its deadline for Louisiana homeowners impacted by flooding, the insurance department announced. A federal disaster declaration issued March 13 has been expanded to cover 36 Louisiana …
Louisiana’s top insurance regulator says Louisiana citizens who pay property insurance in the state may be entitled to more than $200 in insurance rebates dating back to 2012. All property insurance policyholders in the state — such as renters, homeowners, …
The 19th Judicial District Court granted an Order of Rehabilitation and Injunctive Relief giving Insurance Commissioner Jim Donelon possession and control of the Louisiana Health Cooperative Inc. (LAHC, aka CO-OP), the Louisiana Department of Insurance announced. The CO-OP is a …
The market share of Louisiana’s property insurer of last resort — Louisiana Citizens Property Insurance Corp.— has declined from 9.8 percent to 1.8 percent in the 10 years after back-to-back Hurricanes Katrina and Rita devastated the state and its property …
The governing board for Louisiana’s property insurer of last resort didn’t choose an alternate approach on April 3 to balance the company’s books after a $100 million borrowing plan stalled at the state capitol. Instead, Steve Cottrell, chief financial officer …
Insurance Commissioner Jim Donelon announced that insurance policyholders across the state received an additional $6.4 million in payments during 2012 by requesting assistance from the Louisiana Department of Insurance (LDI). The recovered funds result from insurance claims disputes in which …
