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The Louisiana Insurance Commissioner is a statewide constitutional office that regulates the insurance industry in Louisiana.The Insurance Commissioner serves as the head of the Louisiana Department of Insurance, which consists of ten divisions; Consumer Advocacy, Financial Solvency, Health Insurance, Legal Services, Licensing & Compliance, Minority Affairs, Management & Finance, Public ...
For assistance, you can reach out to the Louisiana Department of Insurance by calling the office at 1-800-259-5300 or online to get help with your claim, ask a question about your policy, report ...
Donelon, who runs the Louisiana Department of Insurance, which monitors the financial solvency of insurers and approves rate-hike requests, said his agency has held companies to rules on ...
Florida and Louisiana are already seeing insurers pull out, forcing residents into costly government-backed insurance programs. Read more: One dozen eggs in America now costs $3.65 — and $12.63 ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
In 2001, he was appointed deputy commissioner of the Louisiana Department of Insurance by then-Insurance Commissioner J. Robert Wooley. In February 2006, Wooley resigned to take a legal position with the firm Adams and Reese in Baton Rouge, and Donelon succeeded him to the position of Insurance Commissioner. [5]
Key takeaways. 11 property insurance companies in Louisiana became insolvent between July 2021 and September 2022, reflecting the deepening crisis in the state’s insurance market .
According to a Bankrate analysis of data from Quadrant Information Services, the average cost of an insurance policy with $250,000 in dwelling coverage for a home in Louisiana is $3,247 annually ...
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