When insurance providers and those who have had their claims denied are at odds, they usually spend a lot of time trying to reach an agreement before going to court. If they end up in trial, both sides have spent significant resources, time and money. There is another...
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Citizens residential property insurance to increase 63% in 2023
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...
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,...
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...
Employee insurance milestones – what every employer needs to know
If you own or run a growing business, congratulations! It’s a great feeling to be able to employ more and more people and expand your company’s reach in your chosen market. But it’s important to keep in mind that certain thresholds of numbers of employees bring on new...
Using mediation to resolve insurance disputes
In the past, when two parties had a dispute, their only recourse was to take an adversarial approach in court. Now, alternative dispute resolution options, including mediation, are increasingly popular for helping parties resolve their issues. This is because...
Insurers, policyholders brace themselves for Hurricane Laura claims
The destruction of Hurricane Laura, the category 4 storm that ripped through Louisiana has been catastrophic. In addition to displacing numerous people and claiming 10 lives, the hurricane also wrought an estimated $4 to $7 billion in property damage. As survivors...