Deal in Hurricane Katrina, Rita case spares homeowners’ assessment
Louisiana homeowners will avoid an emergency assessment through a deal where Louisiana Citizens Property Insurance Corp. will pay $6 million toward a class action judgment.Courtesy: FEMAEarlier this...
View ArticleLouisiana aiding homeowners affected by defective Chinese drywall
As the federal government begins to weigh in on the effect of defective Chinese drywall on homes across the nation, a unique provision in Louisiana law is protecting homeowners in that state.James...
View ArticleInsurers breathing sigh of relief after hurricane winds blew softly
The hurricane season that ended Nov. 30 was the calmest in 12 years, according to a national insurance research organization.Courtesy: Mike Moore/FEMAOnly nine named storms, with three becoming...
View ArticleNevada insurance commissioner Kipper tenders resignation
After less than two years on the job, the head of the Nevada Division of Insurance has resigned from that post.Scott KipperScott J. Kipper resigned from the position, effective June 2, according to a...
View ArticleLouisiana’s insurer of last resort settles Hurricane Katrina suit
Louisiana Citizens Property Insurance Corp. plans to pay $23 million to settle a civil suit where thousands of people say they were not properly compensated for hurricane losses after Hurricanes...
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