The Mississippi Supreme Court has upheld the dismissal of a lawsuit filed by a Long Beach man who wanted the state to release records that would show the dollar amount of Hurricane Katrina claims denied by insurance companies. In 2009, …
United Fire & Casualty Co., headquartered in Cedar Rapids, Iowa, reported that net premiums written in its property/casualty sector declined in the three-month and six-month periods ended June 30, 2010, as compared with the same periods of the prior year. …
A ban on insurance companies dropping coverage of homeowners who have found corrosive Chinese drywall in their homes is headed to Gov. Bobby Jindal after getting final legislative passage. The bill by Rep. Julie Quinn, R-Metairie, would prohibit insurers from …
The 4th Circuit Court of Appeals tossed out the $35 million settlement of two class action lawsuits against Louisiana Citizens Property Insurance Corp., saying the deal was not fair to some policyholders. The appellate court ruling could prove costly to …
Reassured by jury’s unbiased decision Chicago, Illinois and Salt Lake City, Utah (January 27, 2010). Prime Insurance Syndicate, Inc. was successfully defended in a Hurricane Katrina lawsuit in the United States District Court for the Southern District of Mississippi. This …
The Louisiana Recovery Authority is urging homeowners who suspect they might have contaminated Chinese drywall in their homes to report the problems to the state. A federal consumer product safety commission is asking each state to recount the incidents of …
The Louisiana Recovery Authority has given its final approval to creation of a $5 million program to help some homeowners rehabilitate property with Chinese drywall problems. The program will require legislative and federal approvals before it can begin. The aid …
Plans are moving ahead in Louisiana to create a $5 million program to help homeowners rehabilitate and repair property with Chinese drywall problems. State lawmakers required the Louisiana Recovery Authority to devise the program, and the recovery authority’s board gave …
Louisiana Insurance Commissioner Jim Donelon says that he’ll support legislation to give the state’s “insurer of last resort” immunity against certain lawsuits, a proposal that could retroactively negate the firm’s payout if it loses its appeal of a $95 million …
Mississippi Attorney General Jim Hood has asked a court to block renewed efforts to make public a settlement agreement between his office and insurer State Farm Fire & Casualty Co. that was part of their feud over homeowner claims from …