Category: Louisiana
Nov 1, 2016
Issued October 27, 2016 by the Louisiana Department of Insurance (“LDI”), Emergency Rule 31 exempts insurance licensees from having to provide annual privacy notices to consumers if they have initially provided a privacy notice and if their practices and …
Aug 18, 2016
Due to the State of Emergency and the historic flooding in parts of Louisiana, Insurance Commissioner Jim Donelon is promulgating Emergency Rule 27, which retroactively suspends statutory provisions of the Insurance Code concerning cancelations, terminations, nonrenewals, and nonreinstatements of …
Jul 29, 2016
The Louisiana Department of Insurance issued Bulletin No. 2016-05 today, July 29, 2016, to advise that all domestic property and casualty insurers that transact business in terrorism related coverage lines will be examined and the information sought will need …
Aug 11, 2015
Louisiana Insurance Commissioner Jim Donelon released a new report on Louisiana’s insurance market in conjunction with the Louisiana Department of Insurance State of Insurance Markets Ten Years Post-Hurricanes Katrina and Rita Summit held at the University of New Orleans …
Jul 16, 2015
Above: Colodny Fass’ Donovan Brown Advises on Louisiana’s Withdrawal from NIMA The Louisiana Department of Insurance announced late yesterday, July 15, 2015, that the State of Louisiana will withdraw from the Nonadmitted Insurance Multi-State Agreement (“NIMA”) and the NIMA-sponsored …
Jun 16, 2015
Above: Colodny Fass Insurance Regulation Lawyer Megan Grant Notes Recent Louisiana Department of Insurance Producer Compensation Advisory Letter. Lousiana Insurance Commissioner Jim Donelon recently advised all insurers, insurance issuers, health maintenance organizations and all producers licensed to do business …
May 4, 2015
The Louisiana Insurers Conference is asking insurance industry members and interested parties to contact members of the Louisiana House of Representatives’ Ways and Means Committee (“Committee”) and urge them to oppose HB 819 relating to Tax Credits before the …
Mar 30, 2015
Given the substantial fine of $10,000 per month that could be levied for non-compliance with newly enacted Act 427, the Louisiana Department of Insurance (“LDI”) issued its second reminder today, March 30, 2015, to all authorized Louisiana homeowners insurers …
Oct 22, 2014
Failure to comply with Act 427, a new Louisiana homeowners’ insurance data reporting law, could result in insurer fines of $10,000 a month, Louisiana Insurance Commissioner Jim Donelon warned in Advisory Letter 2014-05 issued on October 15, 2014. Enacted …
Oct 2, 2014
The Louisiana Property and Casualty Insurance Commission (“LPCIC”) met this month on the status of Louisiana’s residual and voluntary property insurance markets, the Louisiana Department of Insurance reported in its September 2014 newsletter. As part of the agenda, Louisiana …