Louisiana Department of Insurance (LDI) News

Louisiana’s Temple Seeks Reform in Response to State Farm’s California Cuts

Louisiana Insurance Commissioner Tim Temple pointed to State Farm’s decision to non-renew policies in the California market as a warning for lawmakers to modernize Louisiana’s regulatory framework and address legal system abuse – or risk insurers leaving the catastrophe-prone state. …

Louisiana Department of Insurance Chief of Staff Denise Gardner Wins National Award

Louisiana Department of Insurance (LDI) Chief of Staff Denise Gardner was recently presented with the Robert Dineen Award for her outstanding service and contributions to the state system of insurance regulation at the National Association of Insurance Commissioners (NAIC) Fall …

Louisiana’s Southern University to Establish New Risk Management and Insurance Degree Program

The Louisiana Department of Insurance (LDI) announced it has partnered with the Alliant Insurance Foundation, the Spencer Educational Foundation and Southern University to create a new risk management and insurance degree program at Southern University. Working in conjunction with the …

Louisiana UPC Policyholders Have 2 Weeks to Secure Private Home Insurance

The Louisiana Department of Insurance sent out a reminder this week that United Property & Casualty Insurance Company’s (UPC) former policyholders and their insurance agents have until April 28 to secure homeowners insurance in the private market or bind a …

Louisiana Insurance Commissioner Jim Donelon Won’t Seek Reelection

Louisiana Insurance Commissioner Jim Donelon announced Tuesday that he will not run for reelection this fall, marking an end to 17 years as the state’s chief insurance regulator. “I’ve made that decision for two reasons: The first is to remove …

Louisiana Opens Insurer Application Period for Incentive Program

Louisiana Insurance Commissioner Jim Donelon announced that the 30-day application period for insurance companies to apply for Insure Louisiana Incentive Program funding is now open. Insurance companies that are interested in participating can learn more and apply at ldi.la.gov/insurela. The …

Louisiana Dept. of Insurance to Hold Hurricane Prep Event

The Louisiana Department of Insurance (LDI) and Habitat for Humanity will hold a hurricane preparation session at Mandeville Community Center on September 26, 5:30 p.m. The session, Insurance Information on Preparing for Hurricane Season, will take policyholders through the components …

Louisiana Dept. of Insurance Fines Public Adjuster Accused of Pocketing Insurer Payouts

The Louisiana Department of Insurance has ordered a Texas father-and-son public adjusting team to pay a $50,000 fine for pocketing money that was intended for insurance claimants. The department on Aug. 18 revoked the public adjuster license issued to Kade …

Public Adjusting Firm Accused of Pocketing Insurer Payouts in Texas, Louisiana

The Texas Department of Insurance says a public adjusting firm that was sanctioned last month by Louisiana regulators has pocketed more than $300,000 in insurer payouts intended for Texas property owners. TDI is asking the Texas State Office of Administrative …

Louisiana Policyholders Recover $129 Million

Commissioner Jim Donelon announced the Louisiana Department of Insurance (LDI) recovered funds of $129 million in addition to the original amounts offered by insurance companies in Fiscal Year 2021-2022. The additional money is the result of consumers filing complaints with …