Insurance

What Louisiana policyholders need to know as Florida-based homeowners insurer UPC heads into insolvency

Bill to provide $45M in funding for Incentive Program approved by huge bipartisan majorities in Legislature and signed by Gov. Edwards

Commissioner Jim Donelon announced the Louisiana Department of Insurance (LDI) helped consumers collect over $129 million in payouts in addition to the original amounts offered by insurance companies in Fiscal Year 2021-2022.

Lighthouse Excalibur and Maison policies will be canceled on June 30. Southern Fidelity policies will be canceled on July 15.

Insurance Commissioner Jim Donelon placed financially troubled homeowners insurance company Lighthouse Property Insurance Corporation (Lighthouse Excalibur Insurance Company) into receivership last week in the 19th Judicial District Court.

Insurance Commissioner Jim Donelon sought the injunction to protect long-term care insurance policyholders in Louisiana

Residents interested in learning more about their health coverage options will have an opportunity to meet with enrollment professionals from Monday, January 10 to Friday, January 14.

The Louisiana Division of Administrative Law recently ruled that Insurance Commissioner Jim Donelon was justified in his decision to prevent State Farm Fire and Casualty Company (State Farm) from enforcing a hurricane deductible for certain losses caused by Hurricane Barry in July 2019.