Louisiana State Police arrested an insurance adjuster Thursday on charges of pocketing more than $592,000 that he obtained on behalf of seven Hurricane Ida victims in Orleans, St. Charles, St. John the Baptist and Tangipahoa parishes.
  January 13, 2023   The Times-Picayune Fraud Property Louisiana

Hurricane Ian, which thrashed Florida and the Carolinas last year, has claimed the No. 3 spot in the list of 10 most expensive hurricanes in U.S. history, according to a new report from the National Centers for Environmental Information.
  January 12, 2023   nola.com Catastrophe Florida Georgia Louisiana Mississippi New Jersey

More than 1.3% of the adult population in the U.S. was displaced by natural disasters in the past year, with hurricanes responsible for more than half of the forced relocations, according to first-of-its-kind survey results from the U.S. Census Bureau.
  January 9, 2023   ABC News Catastrophe Florida Louisiana

If it weren’t for a healthy savings account, Rosanna ‘Roshi’ Mason might still be living in a cramped disaster relief trailer in her front yard with her husband and two kids. Maison Insurance Co. was supposed to pay for the damage to their home in LaPlace, but the insurer went belly-up and was taken over by the state.
  December 29, 2022   The Times-Picayune Legislation & Regulation Property Louisiana

Insurance Commissioner Jim Donelon’s request to fast-track funding for an incentive program was rebuffed by state lawmakers this week, leaving the effort in limbo until the next legislative session starts in April.
  December 19, 2022   The Advocate Legislation & Regulation Louisiana

A marathon of severe weather rampaged through the southern Plains Tuesday, spawning multiple tornadoes, injuring at least five people and claiming the lives of at least two people.
  December 14, 2022   AccuWeather Property Louisiana Texas

Yet another major insurer is pulling out of Louisiana. United Property & Casualty Insurance Co., based in Florida, will cease renewing its roughly 36,000 Louisiana home insurance policies in 2023.
  December 13, 2022   The New Orleans Advocate Insurance Industry Property Louisiana

Severe storms and tornadoes ripped through parts of the South from Tuesday into Wednesday morning, killing at least two people in Alabama and damaging homes and other buildings in at least three states, officials said.
  November 30, 2022   CNN Property Alabama Louisiana Mississippi

Since the double-punch of Hurricanes Laura and Delta in 2020, 11 residential property insurance companies doing business in Louisiana have been declared financially insolvent and 12 can longer conduct business in the state.
  November 28, 2022   American Press Insurance Industry Property Louisiana

More than a year after Hurricane Ida swept across Louisiana, the Category 4 storm is triggering a property-insurance crisis in the state that has bankrupted 11 insurance companies and will force some homeowners to pay annual premiums of nearly $18,000.
  November 23, 2022   E&E News Catastrophe Insurance Industry Louisiana

In the weeks before the deadline to file insurance lawsuits related to Hurricane Laura, a Houston-based law firm filed over 1,400 cases at the Lake Charles federal courthouse.
  November 8, 2022   The New Orleans Advocate Litigation Property Louisiana

The Louisiana Department of Insurance (LDI) has approved Louisiana Citizens’ request for a 63% rate increase on its residential property insurance policies beginning January 1, 2023.
  October 12, 2022   Reinsurance News Legislation & Regulation Property Louisiana

The difficult 2020 and 2021 hurricane seasons are fading from memory, but it will take a long time for Louisiana to recover. It’s not just the blue roof tarps that still dot the landscape from Lake Charles to Lafourche.
  October 10, 2022   nola.com Catastrophe Insurance Industry Legislation & Regulation Property Louisiana

The Louisiana Department of Insurance could do more to improve claims handling, though the department is complying with the law to ensure companies are handling claims in a fair and timely manner, according to a Louisiana Legislative Auditor’s report.
  October 3, 2022   The Center Square Legislation & Regulation Property Louisiana

To save Louisiana’s insurance market from a crisis, legislators and the Louisiana Department of Insurance have proposed an incentive fund to attract more insurers to the state. During a legislative session last week, lawmakers established the fund, but did not put any money into it.
  September 21, 2022   Insurance Business Legislation & Regulation Louisiana

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