Staged Accidents

Staged Accidents

The United States Attorney for the Eastern District of Louisiana Peter G. Strasser indicted nine more people on federal charges in a scheme to crash vehicles into buses and big-rig trucks in the New Orleans area in order to defraud insurance companies. Cornelius...
LIGA Meeting

LIGA Meeting

The Louisiana Insurance Guaranty Association (LIGA) held its Sept. 24 quarterly board meeting in person for the first time since the start of the coronavirus pandemic. During the meeting, two new board members were introduced, a new liquidation was brought to the...
The LDI Issues Cease and Desist

The LDI Issues Cease and Desist

The Louisiana Department of Insurance issued cease and desist orders for a Lake Charles producer on Sept. 24 and for two St. Martin Parish producers on Sept. 16. St. Martin Parish agent Tasey Ann Tolliver-Alexander and her husband, Vincent Alexander, owner of Vincent...

Donelon on Single Deductible

Louisiana Insurance Commissioner Jim Donelon reminded policyholders affected by Hurricane Laura and who may be affected by Hurricane Delta that the single season named storm hurricane deductible law prohibits a homeowner from paying more than one named-storm/hurricane...
London Views

London Views

By LEN WILKINS London Correspondent The long-awaited decision on whether COVID-19 business interruption losses are covered under policies written by Lloyd’s and London insurers was announced recently. While the good news for claimants is that the U.K. high court...
NFIP Extension

NFIP Extension

President Donald J. Trump signed a stopgap spending bill early on Oct. 1 after briefly missing the midnight Sept. 30 deadline for his signature. Among other things, the bill reauthorizes the National Flood Insurance Program through Sept. 30, 2021. Funding for the NFIP...