Nuclear verdicts, insurer insolvencies, rate hikes, and lawsuits were some of the most popular subjects among readers of Insurance Journal’s South Central region. The following were the South Central region’s top 10 articles for the year that interested readers. The …
A Louisiana district court judge last week ordered the liquidation of Lighthouse Property Insurance Co., the troubled homeowners insurer who held policies in Louisiana, Florida, Texas, North Carolina and South Carolina. Judge Richard “Chip” Moore, III of the 19th Judicial …
Because Lighthouse Property Insurance Co. is domiciled in Louisiana, Florida’s insurance regulators probably won’t put the troubled company through the receivership and liquidation process in the Sunshine State. But that doesn’t mean the Florida Insurance Guaranty Association will be able …
