INSURASALES

Tag: Louisiana

Louisiana's Insurance Crisis: Market Challenges and Regulatory Responses

Louisiana faces an insurance crisis driven by high bodily injury claims and litigation, with new regulatory measures and the FORTIFIED Roof Program aiming to stabilize premiums and boost insurer participation.

Livingston Parish Flood Insurance Rates to Drop After CRS Rating Upgrade

Livingston Parish's flood insurance rates will drop by 15% following an upgrade from Class 10 to Class 7 under the FEMA Community Rating System, improving floodplain management and insurer risk profiles.

Caddo Parish Deputy Arrested for Alleged Auto Insurance Fraud

Caddo Parish deputy arrested for alleged auto insurance fraud involving an uninsured vehicle. The case highlights law enforcement and insurance regulatory compliance issues in Louisiana.

Louisiana Deputy Arrested for Post-Accident Automobile Insurance Fraud

A Caddo Parish sheriff's deputy was arrested for automobile insurance fraud for obtaining coverage after a crash and falsely reporting the claim. The case highlights insurance compliance enforcement and ongoing investigative efforts in Louisiana.

Louisiana Governor Approves Major Auto Insurance Reform to Lower Costs

Louisiana enacts comprehensive auto insurance reforms targeting litigation reduction and stricter insurance oversight to lower coverage costs.

Louisiana Insurance Reform Targets High Premiums Through Legal Changes

Louisiana tackles high insurance premiums with legislative legal reforms aimed at reducing claim abuses and balancing insurer protections.

Louisiana Advances Tax Credit for Fortified Roofs Amid Insurance Crisis

Louisiana Senate advances SB-28 to offer up to $10,000 tax credits for fortified roofs, aiming to reduce home insurance losses and stabilize rising premiums.

Navigating Auto Insurance Challenges Unique to New Orleans Driving

Explore key factors influencing New Orleans auto insurance, including unique driving challenges, local risks, coverage options, and cost management strategies for better protection.

Louisiana's High Bodily Injury Auto Claims Drive Premiums; Tort Reform Debate Continues

Louisiana's elevated bodily injury auto claims exceed national rates, impacting premiums and prompting ongoing debates over tort reform and insurer transparency.

Louisiana Senate Advances Insurance Bill with Debate Over Rate Hike Authority

Louisiana Senate advances House Bill 148, sparking debate over expanding Insurance Commissioner Tim Temple's authority to reject auto insurance rate hikes amid rising premiums.