Claims Adjustment Dispute Legislation Heads to Louisiana House

Thursday, May 13th, 2021 Catastrophe Legislation & Regulation Property

Legislation that seeks to lay out a process for homeowners who suffered catastrophic hurricane damage to settle a claim dispute between their insurance company cleared a state House Insurance Committee Tuesday.

House Bill 585 by Rep. Brett Geymann, R-Moss Bluff, heads to the House floor with amendments.

Geymann said the legislation is aimed at helping homeowners recoup costs associated with trying to settle a dispute of a claim, short of a lawsuit.

Geymann said his neighbor, whose house was totaled after Hurricane Laura, had an initial adjustment of $37,000.

The neighbor is now on his ninth insurance adjuster, with the adjustment valued at $375,000.

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https://www.americanpress.com/news/local/geymann-insurance-bill-heads-to-house/article_d170a248-add3-11eb-a5df-db11a70211b6.html

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