David LeBlanc, Peachtree Special Risk Brokers, Metairie, was installed president of the Louisiana Surplus Line Association (LSLA) at the 2022 Annual Meeting March 16-18. This was the first in-person LSLA meeting since the Covid-19 shutdown. LeBlanc, a broker with...
Louisiana Insurance Guaranty Association (LIGA) Executive Director John Wells updated the LIGA board of directors at its March 31 meeting on the continued effort to pay the claim liabilities from the failed insurance companies that wrote homeowners coverage. With the...
After Lighthouse Property Insurance Corporation announced in February that it would quit writing insurance in Florida and Demotech withdrew the company’s rating, Louisiana Insurance Commissioner Jim Donelon announced April 11 that he had placed the financially...
Commissioner of Insurance Jim Donelon has proposed fining five homeowners insurance companies a combined $764,750 following targeted market conduct examinations of their insurance activities between Aug. 27, 2020, and June 30, 2021, a period in which hurricanes Laura,...
During March, the Louisiana Department of Insurance issued cease-and-desist orders and license suspensions against two insurance producers for violation of the Louisiana Insurance Code. On March 11, the LDI issued a cease-and-desist order and license suspension to Kim...
Governor John Bel Edwards introduced his 2022 legislative agenda April 14 in his e-newsletter. Among the bills are several dealing with the business of insurance, several of which are in response to the industry’s handling of claims emanating from the hurricanes of...
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