
Donelon Backs Insurance Reform Legislation, Critics Say Policyholders Will Suffer
Louisiana Insurance Commissioner Jim Donelon on Tuesday (April 4) unveiled a package of proposed new laws he wants the legislature to approve during the upcoming legislative session.
April 4, 2023
Legislation & Regulation
Litigation
Property
Louisiana

Louisiana’s Lawmakers Aim To Ease Regulations For Wary Insurers
State Sen. Kirk Talbot on Monday outlined several solutions the Legislature will consider this session to mend Louisiana’s battered property insurance market, including changes to some restrictions that he said have soured insurers on the state.
March 28, 2023
Legislation & Regulation
Property
Louisiana

Summary Judgement Vacated In Policyholder’s Hurricane Harvey Damage Case
A federal appeals court on Friday reversed a lower court ruling in Lloyd’s favor in a property damage case stemming from Hurricane Harvey, ruling that the lower court judge had improperly excluded evidence in the case without the required analysis.
March 21, 2023
Litigation
Property
Louisiana

Risky Business: Weak Insurers Absorbing Louisiana Citizens’ Policyholders
Members of the board that oversees the Louisiana Citizens Property Insurance Corp. were primed for a discussion that nobody wanted to have.
March 21, 2023
Legislation & Regulation
Property
Louisiana

Louisiana’s Longest-Serving Insurance Commissioner To Exit Public Service
Louisiana State Insurance Commissioner Jim Donelon announced Tuesday that he will not seek re-election. The move comes as the state faces an insurance crisis with some major insurance companies withdrawing from writing policies in Louisiana, in large part due to several strong hurricanes causing billions in damage.
March 15, 2023
Legislation & Regulation
Louisiana

Louisiana Gubernatorial Candidate Declares She’d Halt Coastal Litigation
Louisiana Republican gubernatorial candidate Sen. Sharon Hewitt is promising to shut down all coastal litigation involving alleged damage from energy companies.
March 2, 2023
Excess & Surplus Lines
Litigation
Louisiana

Louisiana Insurance Commissioner Issues Cease-And-Desist Order To Law Firm Admittedly Committing Fraud
The Louisiana Department of Insurance (LDI) has found evidence that McClenny, Moseley & Associates (MMA), a Houston-based law firm, engaged in an illegal insurance scheme involving Alabama-based Apex Roofing and Restoration.
February 23, 2023
Fraud
Legislation & Regulation
Louisiana

New Orleans Businessman Conspired With Police Officer On Fraudulent Stolen Art Claim
Fouad Zeton, a restaurateur and former owner of a Lower Garden District mansion that has played host to a slew of New Orleans political fundraising events, is set to plead guilty to a federal wire fraud charge, court records show.
February 23, 2023
Fraud
Louisiana

Insurance Relief Bill Nears Final Approval In Louisiana
A bill aimed at propping up Louisiana’s flailing homeowners insurance market neared final approval Thursday after the Senate Finance Committee backed it.
February 3, 2023
Property
Louisiana

Insurer Introduces Commercial Parametric Flood Coverage In Five States
Parametric flood insurer FloodFlash has announced that it has entered into the US insurance market.
January 17, 2023
Property
California
Florida
Louisiana
Texas
Virginia

Arrested: Adjuster Kept Hurricane Ida Claims Payouts
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
Fraud
Property
Louisiana

There’s A New Entry In The 10 Most Expensive Hurricanes In U.S. History
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
Catastrophe
Florida
Georgia
Louisiana
Mississippi
New Jersey

Survey: 3.3M US Adults Displaced By Natural Disasters In 2022
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
Catastrophe
Florida
Louisiana

Insurance Bailout Fund Crippled By Lawsuits, Claims As Louisiana Policyholders Wait For Relief
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
Legislation & Regulation
Property
Louisiana

Urgent Action On Insurance Incentives Rebuffed By Louisiana Lawmakers
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
Legislation & Regulation
Louisiana



