Louisiana’s many recent natural disasters are having a drastic effect on residential property insurance availability and rates. Here are the details. Citizens residential property insurance rates to increase 63% Louisiana’s Insurance Commissioner has approved...
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Year: 2022
Insurers weigh many factors in determining whether a car is totaled
Insurance companies provide a valuable service to consumers who drive. However, we often find that the customer doesn’t always understand the scope of their policy and how claims work, which can lead to disagreements over coverage and settlements. After a collision,...
Victims of Florida condo collapse settle for more than $1 billion
The June 24, 2021, collapse of the Champlain Towers South condominium in Surfside, FL, left many injured and 98 people dead. It was all the more tragic in that the circumstances could have been avoided if it wasn't for human error and oversight even as the 40-year-old...
Hurricane Ida worth $10.5 billion in claims in Louisiana
Insurance carriers are often accused of not paying their customers the actual value to replace what was lost in a hurricane. Still, the $10.5 billion price tag for Hurricane Ida-related claims in damage here in Louisiana seems like a good start, even if the total...