Louisiana Commissioner of Insurance Jim Donelon and the chairmen of the state’s House and Senate insurance committees presented to the public on March 10 their proposed solutions designed to deal with the challenges facing the insurance industry subsequent to the...
The Louisiana Department of Insurance recently issued a series of regulatory actions, including cease-and-desist orders, license suspensions, and a license revocation and fine, against four insurance producers. Brandi Crawford, Winnsboro, was issued a cease-and-desist...
After the disastrous hurricane season of 2020 when Louisiana was pounded with several hurricanes, one of which set a few records, a law was passed in 2021 which amended Louisiana’s bad faith statute, adding a new appraisal clause that insurers could trigger to deflect...
Insurance Commissioner Jim Donelon announced March 2 that SafePoint Insurance Co. will take over approximately 24,000 homeowners policies from Americas Insurance Co. SafePoint previously took over policies from two other insurers, which failed in the aftermath of...
An hour after the Catastrophe Reform Package of bills was announced March 10 by Louisiana Commissioner of Insurance Jim Donelon, Sen. Kirk Talbot, R-River Ridge, who chairs the Senate Insurance Committee, and Rep. Mike Huval, R-Breaux Bridge, who chairs the House...
Recent Comments