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.
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.
Louisiana Republican gubernatorial candidate Sen. Sharon Hewitt is promising to shut down all coastal litigation involving alleged damage from energy companies.
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.
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.
A bill aimed at propping up Louisiana’s flailing homeowners insurance market neared final approval Thursday after the Senate Finance Committee backed it.
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.
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.
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.
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.
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.
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.
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.
