Louisiana Department of Insurance (LDI) News

Louisiana to Streamline Form-Filing Process for Five New Commercial Lines

The Louisiana Department of Insurance announced Feb. 3 that it is streamlining the form-filing process for five additional lines of commercial insurance by adding them to the list of lines eligible for certified approval. The LDI said that the certified …

Louisiana Department of Insurance Fines Auto Insurer $350,000 Over Improper Activity

Auto insurer Lyndon Southern Insurance Company has paid a maximum $350,000 fine after the Louisiana Department of Insurance performed a comprehensive market conduct examination of the company and found 32 instances of improper activity and/or business practices that were noncompliant …

LDI Issues C&D Order Against Baton Rouge Agent

The Louisiana Department of Insurance has issued a cease and desist order for a Baton Rouge agent who allegedly failed to remit clients’ premiums and misappropriated premium funds. Trampus Scott Wagoner, a property and casualty producer and owner of Armor …

LDI Affirmed in State Farm Hurricane Barry Deductible Case

A Louisiana administrative hearings panel has ruled that Insurance Commissioner Jim Donelon was justified in preventing State Farm from enforcing a hurricane deductible for certain losses caused by Hurricane Barry in July 2019. The Louisiana Division of Administrative Law (DAL) …

Louisiana Insurance Agent Ordered to Stop Business over Alleged Failure to Remit Premiums

The Louisiana Department of Insurance has ordered a New Orleans insurance agent and her company to stop their insurance business after the agent allegedly failed to remit premiums she collected from clients. Vilia Ann Ragas and her company, Citywide Insurance …

Louisiana Orders Insurers to Pay Hurricane Ida Evacuation Expenses

Louisiana’s top insurance regulator on Sept. 7 directed insurance companies pay policyholders’ Hurricane Ida evacuation expenses as damaged infrastructure and dangerous living conditions in Southeast Louisiana keep people from returning home. Directive 218, issued by Insurance Commissioner Jim Donelon, requires …

Louisiana Insurance Agent Arrested on Fraud Charges

A Louisiana insurance agent was arrested on May 10, following an investigation by Louisiana State Police into allegations of insurance fraud. The Louisiana Department of Insurance had revoked the property/casualty producer license of Matthew Sias in September 2020, for allegedly …

Louisiana Accuses Alabama Agency, Owner of Fraudulent Marketing, Submissions

The Louisiana Department of Insurance (LDI) has issued a cease and desist order to a Birmingham, Ala., insurance agency, Senior Care Services LLC, alleging the company uses false or misrepresentative facts and information such as submitting fraudulent applications for insurance …

Farmers Insurance Returning to Louisiana

Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the Louisiana market. The Louisiana Department of Insurance reported that Farmers is returning to the Louisiana market in March with auto, …

Caldwell, Mowbray Named to Leadership Posts at Louisiana Insurance Dept.

James “David” Caldwell, Jr. has been appointed executive counsel and Rebecca Mowbray has been named deputy commissioner of Public Affairs at the Louisiana Department of Insurance Caldwell served as deputy director of the Criminal Division of the Louisiana Department of …