louisiana 2020 storms News

Louisiana 2020 Hurricane Update: $10B in Claims Reported as of June 30

The amount of money that insurers expect to pay for the 2020 hurricanes continues to grow, albeit more slowly, as Louisiana gets further away from last year’s historic storm season. According to the Louisiana Department of Insurance, insurance companies have …

Hit to Louisiana Citizens Property Insurance from 2020 Storms Limited to $35M

Louisiana Citizens Property Insurance Corp. (Citizens), the state’s insurer of last resort, will take only a $35 million financial hit from the 2020 hurricane season because of its reinsurance program, according to the Louisiana Department of Insurance. The LDI reported …