Louisiana Insurance Commissioner Jim Donelon is reminding the state’s residents and businesses that the Federal Emergency Management Agency has granted a 60-day extension for filing proof of loss forms by National Flood Insurance Program policyholders affected by storms across the state in March.
The program normally requires policyholders to file that form within 60 days of suffering flood damage.
Donelon said in a news release filing the proof of loss is necessary even after filing a claim for flood damage. The proof of loss is a sworn statement of the amount a policyholder is claiming, including supporting documentation.
According to FEMA, as of April 22 a total of 4,833 claims filed have been filed and more than $90 million has been paid on all claims in Louisiana. The average payment for a closed claim is about $42,000.
Topics Profit Loss Louisiana
Was this article valuable?
Here are more articles you may enjoy.
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market 
Willis Re Jumpstarts US Expansion With Buy of BMS Re, US 
USI Sues 3 Former Producers After They Allegedly Moved Clients to Howden US 
Seven People Charged in $100M Workers’ Compensation Fraud Operation in Florida 
