Insurance Commissioner

What Louisiana policyholders need to know as Florida-based homeowners insurer UPC heads into insolvency

Bill to provide $45M in funding for Incentive Program approved by huge bipartisan majorities in Legislature and signed by Gov. Edwards

Lighthouse Excalibur and Maison policies will be canceled on June 30. Southern Fidelity policies will be canceled on July 15.

Insurance Commissioner Jim Donelon placed financially troubled homeowners insurance company Lighthouse Property Insurance Corporation (Lighthouse Excalibur Insurance Company) into receivership last week in the 19th Judicial District Court.

The Louisiana Division of Administrative Law recently ruled that Insurance Commissioner Jim Donelon was justified in his decision to prevent State Farm Fire and Casualty Company (State Farm) from enforcing a hurricane deductible for certain losses caused by Hurricane Barry in July 2019.

Insurance Commissioner Jim Donelon has picked up a challenger to his re-election efforts.Political newcomer Matt Parker, a businessman from West Monroe,…