FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market August 1, 2022 By Michael Phillis When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance...
Louisiana Judge: State Can’t Order Insurers to Pay Ida Evacuation Expenses August 1, 2022 A Louisiana judge has ruled that the state’s insurance commissioner’s directive ordering insurers to pay policyholders’ Hurricane Ida evacuation expenses...
Louisiana Guaranty Fund to Borrow $600 Million to Pay Claims August 1, 2022 A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021’s Hurricane Ida....