Louisiana Insurance Commissioner Jim Donelon was selected to chair the National Association of Insurance Commissioners (NAIC) Southeast Zone during the organization’s Fall National Meeting. Prior to his election as chair, Commissioner Donelon had served as secretary of the Southeast Zone. …
Weeks after Lighthouse Property Insurance announced it would stop writing new business in Florida, the insurer has been placed into receivership in Louisiana. Insurance Commissioner Jim Donelon placed Lighthouse into receivership last week in the 19th Judicial Circuit Court. Lighthouse …
Insurers have paid or reserved $10.5 billion on all types of Hurricane Ida-related claims in Louisiana through the end of 2021, Insurance Commissioner Jim Donelon said in a release Jan. 31. The Louisiana Department of Insurance generated claims information from …
Louisiana Insurance Commissioner Jim Donelon has placed a homeowners insurance company in receivership after the insurer suffered losses from the combination of Hurricanes Laura, Delta and Zeta in 2020 and Hurricane Ida in 2021. Americas Insurance Company was into receivership …
A Louisiana administrative hearings panel has ruled that Insurance Commissioner Jim Donelon was justified in preventing State Farm from enforcing a hurricane deductible for certain losses caused by Hurricane Barry in July 2019. The Louisiana Division of Administrative Law (DAL) …
Louisiana Insurance Commissioner Jim Donelon has approved a 10.5% reduction in workers’ compensation rates for 2022. The decrease is set to take effect May 1, 2022. Louisiana has seen workers’ compensation rates decrease in eight of the last nine years, …
A Republican challenger to Louisiana’s long-serving insurance commissioner has qualified for the Oct. 12 statewide election. Tim Temple, a Republican from Baton Rouge, will be facing off against Jim Donelon, a Metairie Republican who has led the Louisiana Department of …
Louisiana’s insurance commissioner said that there is “no way at all” that people have enough information to make decisions when the new health insurance marketplaces created by the federal Affordable Care Act open next week. Registration opens Oct. 1 for …
National Association of Insurance Commissioners President Jim Donelon questioned the need for a countrywide halt on approvals of captive insurance deals one day after New York’s regulator said the transactions hide risk. “I don’t see an obvious need for such …
Insurance Commissioner Jim Donelon says his department’s new online system will make it easier for Louisiana residents to shop for the best insurance rates in their cities. The auto insurance guide launched Dec. 17 compares quotes for a 2004, 2007 …
