Two Louisiana Insurance Companies Are Placed Into Rehabilitation
A summary of carriers placed under rehabilitation.
November 29, 2021 at 06:37 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Louisiana Insurance Commissioner Jim Donolon on Wednesday, November 10, 2021 filed petitions in Baton Rouge’s Judicial District Court to place two Louisiana domiciled insurance companies that suffered considerable losses from Hurricane Ida into rehabilitation. Those insurance companies are State National Fire Insurance Company, which is licensed in Louisiana and South Carolina, and Access Home Insurance Company, which is licensed in Louisiana and Texas. The combined amount of premium written in Louisiana is $20.5 million in direct premium and about 1percent of the state’s total property market per state data.
This premium content is locked for
FC&S Expert Coverage Interpretation subscribers.
Request a Free Trial today to enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
Trusted, quality content from industry experts with over 60 years insurance experience, combined
Customizable alerts of changes in relevant policies and trends
Search and navigate Q&As to find answers to your specific questions
Filter by article, discussion, analysis and more to find the exact information you’re looking for
Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.