Louisiana Insurance Commissioner News

Louisiana Commissioner Asks State Farm to Offer Lower Hurricane Deductible

Insurance Commissioner Jim Donelon has asked State Farm Fire and Casualty Co. (State Farm) to offer its Louisiana policyholders Louisiana the option of a 2 percent hurricane deductible on their homeowners’ insurance policies by paying the actuarially needed difference in …

Taxpayers Reminded of Louisiana Citizens Rebate

Louisiana’s insurance commissioner is reminding taxpayers to claim the Louisiana Citizens Property Insurance Assessment rebate this tax season. Commissioner Jim Donelon said Wednesday nearly two-thirds of available Citizens rebate funds – nearly $240 million = went unclaimed at the end …

Louisiana Insurance Commissioner Says Fewer Customers Have Citizens Insurance

Louisiana Insurance Commissioner Jim Donelon says the state-run insurer of last resort has its lowest number of customers since Hurricane Katrina struck Louisiana eight years ago. Donelon says the Louisiana Citizens Property Insurance Corp. has 105,000 policies, representing about 3 …

Louisiana’s Property Insurance Market Has Recovered

Louisiana Insurance Commissioner Jim Donelon told an Alexandria civil club that the state’s property insurance market is “more competitive than ever.” The Town Talk reports Donelon spoke Tuesday Alexandria Rotary Club about the recovery of the property-insurance market and dangers …

Louisiana Commissioner Warns Agent of Possible Insurance Scam

Agents in Louisiana should be aware of a potential insurance scam related to habitation risks, according to the state’s top insurance regulator. Louisiana Commissioner of Insurance Jim Donelon issued an alert to all licensed insurance producers, warning them of an …

Donelon Blasts Revival of $92M Award vs. Citizens

Louisiana Insurance Commissioner Jim Donelon says he will ask the state’s highest court to reconsider its reinstatement of a $92.8 million judgment against Citizens Property Insurance Corp. for its slow adjustment of policyholder claims after hurricanes Katrina and Rita in …