Louisiana’s property insurer of last resort has offered to settle a dispute over slow handling of hurricane claims from 2005 for up to $80 million, with no more than $25 million of that for attorneys’ fees — an offer that …
The governing board of Louisiana’s property insurer of last resort held a special meeting on Jan. 31 to discuss how to deal with a judge’s order that lifted a freeze on more than $100 million at issue in a long-running …
Louisiana’s highest court has reinstated a nearly $100 million judgment against the state’s property insurer of last resort in a class action lawsuit stemming from Hurricane Katrina in 2005. The Louisiana Supreme Court on Dec. 16 issued a judgment that …
The governing board of Louisiana’s insurer of last resort has approved an average 6.5 percent annual rate increase for its 119,000 homeowners’ policies. Higher rates for those homeowners covered by Louisiana Citizens Property Insurance Corp. go into effect July 1. …
