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Commissioner of Insurance Jim Donelon announced today his decision to approve a recent request for a -8.3% net decrease in rates for commercial property policies issued by Louisiana Citizens Property Insurance Corporation.

Published in State of Louisiana

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On Tuesday, August 21, the Louisiana High Auto Rates Task Force held its first meeting at the Department of Insurance. The newly appointed task force was formed to look into high auto insurance rates in the State of Louisiana and make recommendations to the legislature for actions to lower rates. The 2018 Regular Session of the Louisiana Legislature passed a House Concurrent Resolution (HCR 47) and Senate Concurrent Resolution (SCR 55) urging and requesting the Louisiana Department of Insurance to assemble a task force to address the high cost of auto insurance during the 2018 Regular Session.

Published in Louisiana legislature

donelonIn a press release today, the Insurance Commissioner James Donelon  announced that the Insurance Commisioner's office is joining with Representative Kirk Talbot and Representative Major Thibaut along with Senator John Smith to urge the Louisiana Legislature to support House Bill 472 creating a state-wide reinsurance pool that will stabilize the state‚Äôs ailing individual market for health insurance.
Published in Louisiana legislature

 

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