Insurance agents are feeling the pressure as they scramble to find new coverage for tens of thousands of Louisianans who are losing their home insurance this month and next month. “I worked until 2:30 in the morning writing policies,” Ross Fayard, owner of Amstate Insurance says. Fayard was already dealing with finding new coverage for… Continue reading Insurance Agents in Louisiana Scramble to Find Homeowners Coverage Amid Policy Cancellations
Tag: insurance cancellations
Insurance Woes Linger for Agricultural Industry In California
Catherine Keeling, owner of a Santa Paula avocado and lemon operation, had her insurance canceled, or not renewed, after the 2017 Thomas Fire. “We all scrambled around to figure out what to do,” said Keeling, owner of Strata Holdings LP. She is like many other agricultural business owners across the state faced with problems getting… Continue reading Insurance Woes Linger for Agricultural Industry In California
Louisiana Insurance Commissioner Issues Emergency Rule, Halts Insurance Cancellations During COVID-19 Emergency Declaration
The rule stops cancellations, non-renewal, and non-reinstatement by insurers, but customers must still pay their insurance bills. Louisiana Insurance Commissioner Jim Donelon issued Emergency Rule 40 Friday to address the statewide public health emergency, a release from the commissioner’s office said. In summary, Emergency Rule 40 does the following: Defines the insurance carriers and the… Continue reading Louisiana Insurance Commissioner Issues Emergency Rule, Halts Insurance Cancellations During COVID-19 Emergency Declaration