The Louisiana Department of Insurance has issued an advisory letter to property/casualty insurers operating in the state that seeks to clarify the interpretation and application of state law regarding policy deductibles in relation to named storms/hurricanes/subtropical storms. Advisory Letter No. …
The Louisiana Department of Insurance reported that the leadership of Louisiana Citizens Property Insurance Corp. will change in 2018. Two long-serving employees, Chief Operating Officer Vijay Ramachandran and Chief Financial Officer Steve Cottrell are retiring. Joseph Sciortino will step into …
Two women in East Baton Rouge Parish have been served cease and desist orders by the Louisiana Department of Insurance Fraud Division investigators for allegedly fraudulently altering the vital information and beneficiary designation of insurance policies, submitting fraudulent policyholder information, …
Insurance policyholders collected an additional $4 million in the first half of the year as a result of assistance provided by the Louisiana Department of Insurance (LDI). These funds are a result of staff from the LDI Office of Consumer …
With hurricane season fast approaching, the Louisiana Department of Insurance is pointing out that in the last 18 months, nearly 90 percent of the state’s parishes have been included in major disaster declarations. The LDI is advising policyholders to take …
Louisiana Insurance Commissioner Jim Donelon says a new emergency rule extends the time in which policyholders affected by August 2016 flooding have to comply with insurance policy provisions. Emergency Rule 33 continues the provisions of previously issued Emergency Rules 28, …
The Louisiana Department of Insurance reported that a reinsurance broker contracted by the Louisiana Health Cooperative (LAHC) has experienced a data breach. As a result, former LAHC policyholder Personally Identifiable Information (PII) and in some cases Protected Health Information (PHI) …
The use of prescription drug coupon cards has been on the rise in response high prescription drug prices. The Louisiana Department of Insurance is offering guidance on these cards and also urging patients to always ask their pharmacist whether a …
Insurance Commissioner Jim Donelon reports that insurance policyholders in Louisiana were able to collect an additional $7.6 million last year as a result of assistance provided by the Louisiana Department of Insurance (LDI). LDI Office of Consumer Services worked with …
The Louisiana Department of Insurance announced a rate filing from the National Council on Compensation Insurance (NCCI) for a statewide decrease of 9.8 percent in workers’ compensation rates has been approved. Insurance Commissioner Jim Donelon said rates for workers’ comp …
