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 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.
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.
The Louisiana Citizens Property Insurance Corp. will suffer only $35 million in financial impacts from the COVID-19 pandemic due to its reinsurance program, Louisiana Insurance Commissioner Jim Donelon said.
BATON ROUGE - The Louisiana Association of Business and Industry (LABI) and its legal reform partners sent more than 1,100 letters to auto insurance companies who currently do not operate in Louisiana, marketing the potential of bringing business back to the state after the passage of legal reform legislation during the first special session of 2020.
Louisiana Insurance Commissioner Jim Donelon said he appreciates the way auto insurers have reduced rates for consumers as the coronavirus shutdown has kept drivers off the roads.
Louisiana Insurance Commissioner Jim Donelon is frustrated that tort reform has not been front and center recently in media stories about high auto insurance rates in Louisiana.
BATON ROUGE – Staged accident insurance fraud aimed at trucking companies in Louisiana - which seem to involve attorneys and judges and currently are under federal investigation - are nothing new, according to insurance, tort reform and state officials.
Louisiana has long been known for its litigious culture, and high auto insurance rates are one result, the Louisiana Lawsuit Abuse Watch said in a recent interview.
Voters have a number of decisions to make in the upcoming Oct. 12 election, including insurance commissioner - whose role is critical for Louisiana auto insurance consumers, who pay among the highest rates in the nation.
Two Louisiana trade associations have broken with Louisiana Association of Business and Industry (LABI) over the race for state insurance commissioner.
A leader of the state's logging industry says she will support the Republican challenger to the state's insurance commissioner in this fall's primary election.
Even though Tim Temple has 20 years of insurance industry experience, a university political science professor says his challenge in unseating Insurance Commissioner Jim Donelon will be building a name for himself.
Louisiana’s long-serving Republican insurance commissioner is being faced with a challenger for the upcoming primary election in the Fall. Jim Donelon is being challenged by Tim Temple for the October 12 statewide election. Temple is a republican from the Baton Rouge area in Louisiana.
For those who call Louisiana home, a decrease in record-high auto insurance rates is coming as a relief, though a price drop is not a direct result of any reform or legislation.
Auto insurance rates are dropping across Louisiana, a recent announcement from the insurance commissioner states, but the decreases are unrelated to the need for reform, much to the dismay of certain groups.
