Louisiana Department of Insurance
Local Government - Appointed Boards & Commissions | City/Town/Village
Recent News About Louisiana Department of Insurance
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Louisiana governor signs 4 insurance reform bills in bid to lower rates
Gov. Jeff Landry last week signed into law four insurance reform bills backed by Louisiana’s insurance commissioner that the governor said will help to drive down property insurance costs for the state’s homeowners. -
Commissioner hails passage of 4 insurance reform bills to address Louisiana's insurance crisis
Louisiana Insurance Commissioner Tim Temple has expressed gratitude to the state Legislature for passing a package of insurance reform bills he said would make the state’s insurance market more stable and competitive. -
Louisiana insurance commissioner, business groups back reform bills to modernize regulations, fix legal climate
Business groups and Louisiana’s insurance commissioner are supporting multiple measures under consideration in the state Legislature aimed at curbing excessive regulations and improving Louisiana’s civil litigation climate. -
Louisiana State Police opens criminal probe into embattled Houston law firm
A Louisiana State Police unit has opened a criminal investigation against Houston-based law firm McClenny, Moseley & Associates for alleged property insurance fraud practices in the state over the past three years. -
Blue Cross and Blue Shield Louisiana withdraws plan for merger with for-profit insurer
Public hearings on the proposed sale of the nonprofit health insurer Blue Cross and Blue Shield of Louisiana to for-profit Elevance Health have been sidelined for now, though the parties hope to refile the proposal sometime in the future. -
Louisiana program to get property insurers to expand coverage is 'a failure,' insurance commissioner-elect says
Louisiana’s insurance commissioner-elect, Republican Tim Temple, says he will not seek any additional funding for the Insure Louisiana Incentive Program, which offers matching funds to new and current property insurers to expand coverage in the state’s coastal areas. -
Passage of insurance reform measures should benefit Louisiana policyholders, commissioner says
The regular Louisiana legislative session that ended June 8 “worked out in a very positive way” for insurance policyholders now bracing for the start of another hurricane season, the state’s insurance commissioner said last week. -
Insurance commissioner fines law firm $2 million over 'illegal insurance scheme'
Louisiana’s insurance commissioner has fined a Houston law firm and its partners $2 million for engaging in actions that Donelon said amounted to insurance fraud and unfair business practices involving more than 850 homeowners and policyholders. -
9 insurers apply for state matching funds to expand Louisiana property insurance coverage
Nine insurers have applied for more than $60 million as part of Louisiana’s matching-fund program to expand the number of property insurance policies they write in the state, the Louisiana Department of Insurance said last week. -
Insurance commissioner concludes Houston law firm engaged in mass fraud against policyholders, insurers
The Louisiana Department of Insurance has issued a cease-and-desist order against a Houston law firm that the department says has engaged in a campaign of fraud against hundreds of Louisiana policyholders and insurance companies. -
Texas law firm accused of pattern of duplicative, improper property insurance litigation
A Houston-based law firm that has filed thousands of property insurance lawsuits in Louisiana has engaged in a pattern of questionable legal practices that demand judicial sanction, a motion filed by an insurer in federal court in Louisiana says. -
Another property insurer set to pull out of Louisiana, prompting concerns about market stability
A Florida-based property insurer with about 36,000 policies in Louisiana is pulling out of the state, raising concerns about the ability of the Louisiana insurance market to absorb the blow. -
Louisiana Citizens seeks 63% rate hike for residential insurance customers
Louisiana Citizens, the state’s property insurer of last resort, is seeking a 63% increase in residential insurance premium rates beginning Jan. 1, 2023, to deal with the fallout from the past two hurricane seasons. -
Lawsuits, inflated property insurance claims expected amid Louisiana market uncertainties
Out-of-state plaintiffs’ attorneys and insurance claims investigators are descending on Louisiana in hopes of reaping financial rewards from residential damage resulting from four storms that slammed the state during the last two hurricane seasons. -
More turbulence hits Louisiana insurance market as Weston Property & Casualty collapses
A property insurance company with an estimated 10,700 policyholders in Louisiana is being liquidated after being declared insolvent by Florida regulators, putting more financial pressures on the state’s insurance industry at the height of hurricane season. -
Louisiana property insurance reforms aim to reduce insolvencies, boost claims response
A package of reforms passed by the state Legislature should help property insurers in Louisiana to stay afloat during future hurricane seasons and provide greater peace of mind to policyholders, the state’s insurance commissioner said. -
Baton Rouge judge OKs liquidation of Lighthouse Property Insurance Co.
A Baton Rouge judge granted the Louisiana insurance commissioner’s motion to liquidate Lighthouse Property Insurance Co. late last month, marking the fourth insurer insolvency in the state in the wake of the 2020 and 2021 hurricane seasons. -
Administrative judge to decide if State Farm will have to pay hurricane evacuation costs
A quasi-judicial Louisiana panel will decide whether State Farm will be required to pay evacuation costs for policyholders fleeing the path of Hurricane Ida even when no local evacuation order was given. -
State Farm seeks review of order calling on insurers to pay hurricane evacuation expenses
State Farm will seek a legal hearing to explain disagreement with an order from the Louisiana insurance commissioner requiring insurers to pay evacuation expenses for policyholders affected by Hurricane Ida. -
State: Insurers will pay Louisiana policy holders $7.7 billion in claims from 2020 hurricanes
Insurance companies have already paid out or agreed to pay $7.7 billion to Louisiana policy holders after 2020’s record hurricane season, the state’s insurance commissioner said.