La. Citizens to Get Loans to Continue Paying Claims

January 27, 2006

  • January 28, 2006 at 10:54 am
    Allen Lindsay says:
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    I feel that by the time La Citizen get the claims they denied by all the state agencies and lawyers that their claim percentage will be a lot lower.Living in north Louisiana we see how they are putting it to their insured the same way they have me.Why would everyone need to pay more for insurance when they can\’t collect this time.I do hope we have an Insurance Commissioner that is not controlled by the insurance industry but, will try to help the people whom elected him. After talking to his office it does seem their doing their best.

  • January 30, 2006 at 10:34 am
    Hal says:
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    Citizens is broke. Ain\’t no money. At $5 million a day the money\’s gone in two weeks. Not a real insurance company, just a politician\’s dream of how a state government can legislate something that looked like an insurance company, but has no money. No capital. Nadda moola.
    Vote purchasing worked in the Louisiana election.

  • February 20, 2006 at 10:25 am
    Allen Lindsay says:
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    I heard a rumer that Lloyds of London is doing a lots better job paying and handling their claims than La Citizens and the claims people have a lots more knowlege of insurance than Bankers Insurance Group in St.Petersburg Fl.that is taking care of La Citizen.claims.If anyone has info.on Lloyds of London let me know.

  • February 20, 2006 at 11:14 am
    Hal says:
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    Any good independent agent should have access to Lloyd\’s. Note that is Lloyd\’s with an apostrope, not just Lloyds in their name. Often you will see their name as \”Certain Underwriters at Lloyd\’s of London\”.
    A little history is that about the turn of the 1900s some people were using the name Lloyds to suggest they were Lloyd\’s of London in an outright deception. The name Lloyd\’s became sort of like First, as in First Bank, and First Church. Neither of them are first, but the name sounds good.
    As with any insurance company you need to pay attention to the policy they are quoting you. Their primary work is commercial business and various specialty kinds of risks. Since they write problem risks they also write some very basic forms. I have written a policy they call \”Homeowners Special Form\”, which looks like a good policy form and I would be ok if it is the one on my house.
    -Texas Agent

  • October 24, 2007 at 10:31 am
    robertcrow says:
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