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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 ...
In order to accomplish these goals, each state grants several powers to insurance commissioners and their offices, including: [4] Approval of insurance rates; Periodical financial examinations of insurers; Licensing of companies, agencies, agents, and brokers; Monitoring and regulating claims handling
[16] [17] In 2018, State Farm Canada was officially rebranded to Desjardins Insurance through Desjardins Insurance Agents. [18] The whole transition was completed in 2019. [19] On May 28, 2023, the company announced it would stop issuing new home insurance policies in California due to wildfire risks as well as surging costs for construction. [20]
Be insurance ready: Homeowners insurance named storm (or hurricane) deductibles are typically 2% to 5% of your insured value. For example, if your home has an insured value of $200,000 with a 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 .
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