
Louisiana Citizens’ Residential Property Rates To Jump By 63%
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
Legislation & Regulation
Property
Louisiana

Insurance Crisis Offers Louisiana Few Good Options
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
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Louisiana

New Regulations Put Brakes on Catalytic Converter Thefts
Responding to a crime trend involving the theft of catalytic converters, Gov. Gavin Newsom signed two bills on Sept. 25. The new laws, the Governor's office said, prohibit the sale of used catalytic converters by parties who aren't licensed auto dealers or dismantlers.
October 6, 2022
Auto
Legislation & Regulation
Salvage
California

Colorado Insurance Recoveries Up 93% Due to Wildfire Claims
The state helped Coloradans recover nearly $20 million in additional insurance payments last year, mostly from catastrophic wildfire claims.
October 5, 2022
Auto
Legislation & Regulation
Life & Health
Property
Colorado

Audit: Louisiana DOI Could Do More to Improve Handling of Claims Complaints
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
Legislation & Regulation
Property
Louisiana

Insurers in Florida Temporarily Blocked from Dropping Policies
Insurance Commissioner David Altmaier on Wednesday issued an emergency order that will temporarily prevent property insurers from dropping customers in the aftermath of Hurricane Ian. The order will suspend cancellations or non-renewals of policies for two months.
October 3, 2022
Catastrophe
Legislation & Regulation
Property
Florida

Hurricane Ian Could Smash Florida’s Fragile Property Insurance Market
A massive, deadly hurricane like Ian could topple the state's already unstable property insurance market, some lawmakers and industry experts said Tuesday, as the storm took aim at Florida.
September 27, 2022
Insurance Industry
Legislation & Regulation
Litigation
Property
Florida

Sixth Florida Property Insurer Declared Insolvent
State regulators have asked a judge to place a property-insurance company in receivership, making it the sixth Florida property insurer declared insolvent this year amid widespread financial problems in the industry.
September 26, 2022
Legislation & Regulation
Property
Florida

NTSB Wants All New Vehicles to Check Drivers for Alcohol Use
The National Transportation Safety Board is recommending that all new vehicles in the U.S. be equipped with blood alcohol monitoring systems that can stop an intoxicated person from driving.
September 21, 2022
Auto
Legislation & Regulation

Louisiana Insurance Commissioner Offers $20M to Fund Insurer Incentive Program
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
Legislation & Regulation
Louisiana

The Art of Settling But Not Resolving Gig Worker Status Disputes
Gig economy companies like Uber Technologies Inc., Lyft Inc., and Grubhub Inc., have paid hundreds of millions to defend and settle claims over the past decade that they wrongly classified workers as independent contractors, but legal and practical hurdles for plaintiffs and state enforcers mean these companies have not had to reclassify their workforces.
September 20, 2022
Legislation & Regulation
Litigation

III: Florida’s Citizens is Selling Insurance at a Loss
Long known as the nation's most hurricane-prone state, Florida has achieved a new status that is aggravating hurricane anxieties and threatening real-estate values. Florida has the worst property-insurance market.
September 19, 2022
Catastrophe
Legislation & Regulation
Property
Florida

Jackson, Mississippi Flooding Highlights FEMA Flood Map Deficiencies
Flood maps used by the Federal Emergency Management Agency are out of date and understate the risks to homes and businesses from flooding and extreme rain triggered by climate change, FEMA Director Deanne Criswell said. Those risks are in focus after flooding in Jackson, Mississippi, overwhelmed the city's main water treatment plant a week ago, leaving more than 150,000 state-capital region residents without safe water.
September 6, 2022
Catastrophe
Legislation & Regulation
Risk Management

New Illinois Law Mandates That Insurers Report All Dog Bite Claims
It's a great trivia question. Which state has the most dog bite claims? The answer probably won't surprise you -- California, with 2,103 insurance claims in 2020, followed by Florida, Texas, New York, Pennsylvania, Ohio, and Illinois.
September 2, 2022
Legislation & Regulation
Liability
Illinois

Ohio Law Establishes Criteria for Compensable Remote Worker Injuries
A first-of-its-kind law in Ohio gives employees who work from home parameters for what constitutes a work-related injury outside of the employer's physical domain, an issue that has been raised in courtrooms across the country with varying results.
September 1, 2022
Legislation & Regulation
Workers' Compensation
Ohio



