Louisiana parish to see fire insurance rates fall considerably

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The state commissioner, Jim Donelon, has told East Feliciana Parash to expect to save money this year. A number of regions throughout Louisiana are going to feel a bit of a relief when it comes to the amount that they are paying for their fire insurance coverage, this year, as rates are expected to fall. This, according to a statement that was made by Louisiana Insurance Commissioner Jim Donelon. Donelon explained that the fire insurance rates are expected to start to fall as of July 6. This will be a…

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Commissioner Donelon seeks extension on deadline for flood insurance claims

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Commissioner petitions FEMA to extend insurance claims filing period Louisiana Insurance Commissioner Jim Donelon is petitioning the Federal Emergency Management Agency (FEMA) to extend the deadline for homeowners to submit flood insurance claims. The vast majority of homeowners in the state receive their flood protection from the National Flood Insurance Program and per the provisions of the program these people are required to submit proof of loss forms within 60 days after a flood. This may be a problem for homeowners, however, as many have reported needing more time to…

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Homeowners insurance rebate deadline nears for Louisiana Citizens

Citizens Insurance Louisiana homeowners insurance property

The Department of Insurance in the state has now issued a reminder to policyholders about the cut-off date. Policyholders with homeowners insurance from are being reminded that there is a Citizens Property Insurance deadline that is now rapidly approaching by which an assessment rebate on policy must be claimed if they wish to take advantage of it. The Louisiana Department of Insurance has sent out a reminder to make sure policyholders complete the necessary steps. Jim Donelon, the commissioner in the state, has reminded homeowners insurance customers that the deadline…

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Insurance law that fines uninsured Louisiana drivers cause anger

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These high penalties have caused some residents of the state to call this new regulation unfair. A new insurance law has now gone into effect in Louisiana, which is designed to deter drivers from heading out onto the road while uninsured, but some residents of the state are now calling it unfair, as the penalties associated with it are quite high. Previously, the fine for driving without any auto insurance had been a small, one-time fee. However, drivers are now discovering that this insurance law means business. The fee now…

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Louisiana employee health insurance coverage may become more expensive

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Insurance coverage for the state’s retirees and current employees may soon become more costly Louisiana’s employee health insurance program may be out of money by the end of the state’s budget year, according to Commissioner of Administration Kristy Nichols. Governor Bobby Jindal has proposed significant changes to the program in order to avoid its financial collapse, but these changes have been heavily criticized by many of the state’s lawmakers. If no action is taken on the matter, insurance coverage for the state’s employees could become significantly more expensive. Rates for…

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