Louisiana Insurance Commissioner James Donelon on Tuesday issued $2 million in fines against McClenny Moseley & Associates and three of its partners, the maximum amount allowed by law. “The illegal insurance scheme perpetrated by McClenny Moseley & Associates is frankly …
The Louisiana Department of Insurance has ordered a Texas father-and-son public adjusting team to pay a $50,000 fine for pocketing money that was intended for insurance claimants. The department on Aug. 18 revoked the public adjuster license issued to Kade …
The Texas Department of Insurance says a public adjusting firm that was sanctioned last month by Louisiana regulators has pocketed more than $300,000 in insurer payouts intended for Texas property owners. TDI is asking the Texas State Office of Administrative …
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 …
The Louisiana Department of Insurance has issued an advisory letter to property/casualty insurers operating in the state that seeks to clarify the interpretation and application of state law regarding policy deductibles in relation to named storms/hurricanes/subtropical storms. Advisory Letter No. …
The Louisiana Department of Insurance is reminding property insurance policyholders about the upcoming deadline to claim a Citizens Property Insurance Corp. (Citizens) assessment rebate on their policies. Commissioner of Insurance Jim Donelon said the deadline to claim a rebate for …
Louisiana Insurance Commissioner Jim Donelon announced that the total policy count for Citizens Property Insurance Corp. (Citizens), the state’s insurer of last resort, has dropped by 50 percent from its all-time high in 2008. With this eighth round of the …
Commissioner of Insurance Jim Donelon announced Jeffrey Zewe has been appointed the position of Director of the Louisiana Automobile Theft and Insurance Fraud Prevention Authority (LATIFPA) at the Louisiana Department ofInsurance (LDI). Zewe’s appointment is effective immediately. Zewe received his …
A former deputy commissioner at the Louisiana Department of Insurance has received a prison sentence for racketeering, according to Justice Department officials. Acting United States Attorney J. Walter Green in the U.S. Attorney’s Office for the Middle District of Louisiana …
The Louisiana Department of Insurance helped policyholders recover an additional $6.4 million in disputes with insurers in 2012. Insurance Commissioner Jim Donelon tells The Advocate insurers made the additional payments after consumers complained to the Insurance Department about the original …