Louisiana homeowners Archives

Oct 4
Louisiana Ins. Commissioner Stops Insurance Company From Canceling Policies
Andrew Smyth October 4, 2006
Know More: Horace Mann Insurance Companies, Insurance News, Louisiana homeowners, homeowners insurance 2.0, Horace Mann Insurance Companies
In a press release on the Louisiana Department of Insurance website Commissioner of Insurance Jim Donelon is “directing Horace Mann Insurance Companies (HMN) of Springfield, Illinois to immediately cease the wrongful cancellation of homeowners policies in 23 parishes and reinstate...
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Sep16
State Bailout Could Be In Works For La. Insurer Of Last Resort
Andrew Smyth September 16, 2006
The Louisiana insurer of last resort, Louisiana Citizens Property Insurance Corp. (Citizens), borrowed $1 billion to pay off claims after hurricanes Katrina and Rita.  Now La. Governor Kathleen Blanco is considering a partial state bailout for the insurer accoridng to... Continue Reading
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Jul26
Independent Agents Group Lending Hand In New Orleans Rebuilding Effort
Andrew Smyth July 26, 2006
The Independent Insurance Agents and Brokers of America (IABA) will be in New Orleans this September for a leadership conference and board meeting.  Three hundred of the attendees will be working with Habitat for Humanity to help rebuild the hurricane... Continue Reading
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Jul11
Voluntary Claims Filing Extension Ignored By Louisiana Insurers
Andrew Smyth July 11, 2006
A little over a month ago Louisiana Insurance Commissioner James Donelon asked  “insurers to voluntarily extend the one-year deadline for customers to file suits for unsettled claims related to Hurricanes Katrina and Rita” according to insurancejournal.com.  A month has passed... Continue Reading
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Jun22
Louisiana House Reject Alleviation Of Insurance Hikes
Andrew Smyth June 22, 2006
A Senate-backed plan to alleviate some insurance hikes in Louisiana was rejected by that states House of Representatives claiming, “the money would be better set aside for potential emergencies” according to insurancejournal.com.A spending bill, House Bill 1208, was amended by... Continue Reading
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May25
Insurers Win Federal Case Involving Louisiana Homeowners
Andrew Smyth May 25, 2006
In Louisiana a law called the valued policy law allows payment of the full value of a homeowners’ policy.  Louisiana homeowners are “seeking full value replacements under windstorm coverage for houses that were destroyed by flood as well as wind”... Continue Reading
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