Louisiana Insurance Commissioner Jim Donelon News

Louisiana Fortify Homes Program to Launch October 2

Homeowners insured by Louisiana Citizens will be able to apply for up to $10,000 to repair or replace their roofs in October when the Louisiana Fortify Homes Program (LFHP) opens its first round of grants. The Louisiana Department of Insurance …

Louisiana Insurance Commissioner Fines McClenny Moseley $2M

Louisiana Insurance Commissioner James Donelon on Tuesday issued $2 million in fines against McClenny Moseley & Associates and three of its partners, the maximum amount allowed by law. “The illegal insurance scheme perpetrated by McClenny Moseley & Associates is frankly …

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 Lawmakers Considering Special Session to Address Insurance Crisis

BATON ROUGE, La. (AP) – As Louisiana continues to be plagued by insurance woes, with insurers leaving or going out of business in the hurricane-stricken state, some lawmakers say a special legislative session to address the crisis is imminent. Discussions …

Louisiana’s Donelon Traveling to London to Meet With Lloyd’s

The Louisiana Department of Insurance (LDI) announced Commissioner Jim Donelon is traveling to London this week to meet with leaders from Lloyd’s of London (Lloyd’s) and the International Underwriting Association of London (IUA). During the meetings, Commissioner Donelon will provide …

Louisiana’s Donelon: Policyholders Should Check For Ida Deadlines

Louisiana Insurance Commissioner Jim Donelon is encouraging policyholders who filed claims for Hurricane Ida damage to check with their agent or insurance company for any required deadlines necessary to settle their claims. The Louisiana Department of Insurance said earlier this …

LDI Commissioner Donelon Names Ford Deputy Commissioner of Public Affairs

Insurance Commissioner Jim Donelon announced his appointment of John Parker Ford as Deputy Commissioner of Public Affairs. Ford has been the Director of Communications for both the Louisiana Association of Health Plans and the Texas Association of Health Plans. He …

Louisiana Private Insurer to Acquire Policies from Insolvent Insurance Companies

An unnamed Louisiana private insurer will assume to acquire all policies from two insolvent homeowners insurance companies that were placed into receivership in November by the Louisiana Department of Insurance. Louisiana Insurance Commissioner Jim Donelon approved the transaction Wednesday, Dec. …

Louisiana Seeks Takeover of Pair of Regional Insurance Companies Facing Insolvency

The Louisiana insurance commissioner is seeking a government takeover of Access Home Insurance Co. and State National Fire Insurance Co., two regional insurance companies that are facing insolvency due to losses from Hurricane Ida to ensure the company’s policyholders are …

Louisiana Orders Insurer to Halt Non-Renewing Homeowners Policies after 2020 Hurricane Season

Louisiana Insurance Commissioner Jim Donelon has ordered GeoVera Specialty Insurance Co. to stop non-renewing Louisiana homeowners policies in violation of state law. In a cease and desist order issued last week, Donelon told the California surplus lines company that it …