Insurance Commissioner Jim Donelon News

Insurers Increase La. Hurricane Payout Estimates By 25%

Insurers have increased their estimates of the cost of the three hurricanes that struck Louisiana by 25 percent since the end of last year, Insurance Commissioner Jim Donelon said. Insurance companies now expect to pay $9.6 billion on claims of …

Lawmakers: Insurance Disputes Slow Louisiana Storm Recovery

BATON ROUGE, La. — Southwest Louisiana lawmakers Wednesday criticized the insurance industry’s handling of claims from Hurricanes Laura and Delta, describing slow responses, low-balled damage estimates and drones used to assess destruction instead of people. “We’re almost four months ago …

Bid to Force Interruption Insurance to Cover Virus Shelved

BATON ROUGE, La. — Louisiana lawmakers won’t try to force business interruption insurance policies to cover the widespread closures caused by the COVID-19 pandemic. Sen. Rick Ward, a Port Allen Republican, scrapped the proposal Wednesday amid concerns it could crater …