The board of directors of Louisiana Citizens Property Insurance Corp. is scheduled to meet tomorrow to discuss a proposed settlement in a case involving payments to thousands of policyholders.
The U.S. Supreme Court has decided not to delay the execution of a judgment against Louisiana Citizens Property Insurance Corp. while the last-resort insurer prepares an application for the high court to hear the case.
Louisianas last-resort insurer is considering going to the U.S. Supreme Court after the states highest court chose not to reconsider its decision to reinstate a $92.7 million award in favor of policyholders.
Louisiana Citizens Property Insurance Corp. doesnt think the state Supreme Court addressed all the issues it should have before reinstating what has become a judgment of more than $100 million for policyholders.
Louisiana Citizens Property Insurance Corp. does not think the state Supreme Court addressed all of the issues it should have before reinstating what now is a judgment of more than $100 million for policyholders.
Louisiana Citizens Property Insurance Corp. does not think the state Supreme Court addressed all of the issues it should have before reinstating what now is a judgment of more than $100 million for policyholders.
Allstate unveiled plans to revamp its distribution channels and its business strategy to grow its property and casualty business, but the executive director of the company’s agents’ association has criticized the plans.
Employment in the property and casualty insurance industry decreased 1.8 percent in April compared to the same month a year ago, according to an Insurance Information Institute analysis of the U.S. Labor Department’s Bureau of Labor Statistics data.
Allstate says it has the bases covered in its insurance distribution channel and is planning to revamp its business strategy to grow its property and casualty business for the future.