Louisiana Insurance Commissioner Jim Donelon is reminding policyholders who filed a property damage claim as a result of Hurricane Ida that they have until August 29, 2023, to file suit against their insurer for insurance claims for which they believe …
The Louisiana Insurance Guaranty Association (LIGA) has granted a voluntary extension to March 31, 2023, of the deadline by which former FedNat Insurance Company and Maison Insurance Company policyholders are required to institute litigation for first-party property damage claims arising …
The Louisiana Insurance Guaranty Association (LIGA) announced it is is streamlining its handling of claims for policyholders of insolvent insurers with advanced property estimating technology from Verisk. LIGA is using Verisk’s Xactware® property claims-handling solutions, including Xactimate® and XactAnalysis®, to …
A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021’s Hurricane Ida. The Times-Picayune ‘ The New Orleans Advocate reports that the Louisiana Insurance Guaranty Association will seek approval of the plan …
