Last week, the Louisiana Department of Insurance took over Americas Insurance Company in a court-ordered receivership, making it the third financially troubled insurer in recent months to require rescue. The insurer, based in New Orleans, has approximately 24,000 policies and 13,000 Ida-related claims. It had a 1.31 percent share of the Louisiana homeowners insurance market… Continue reading Another Insurer Goes Belly-Up In Louisiana in Wake of Hurricane Ida
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