John Wortman

• A Revamped Citizens and Cat Fund in 2012?

  By Fred E. Karlinsky, Esq., Katherine Scott Webb, Richard J. Fidei, Esq.  |  November 28, 2011

  Given the 2011 residential property reforms, expect Florida’s 2012 session to be much quieter in that area. The exceptions could be legislation on Citizens and the Cat Fund.

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  TWIA Chooses John Polak As New General Manager

  By Chad Hemenway, PropertyCasualty360.com  |  April 14, 2011

  The Texas Windstorm Insurance Association Board of Directors has chosen John Polak as is new general manager.

• Donelon Rejects State Farm Rate Hike, Cuts La. Citizens Hike

  By Chad Hemenway, PropertyCasualty360.com  |  March 25, 2011

  Louisiana Insurance Commissioner Jim Donelon has rejected State Farm’s request for a statewide 14.3 percent homeowners rate hike and approved a reduced rate increase for Louisiana Citizens Insurance Corp., the state’s last resort insurer.

• La. Commissioner Lowers Last Resort Insurer’s Rate Hike Request

  By Chad Hemenway, PropertyCasualty360.com  |  March 18, 2011

  Insurance Commissioner Jim Donelon has approved an average 6.5 percent rate increase for the state’s last resort insurer, the Louisiana Dept. of Insurance confirmed.

• Officials: Post-Katrina Louisiana Insurance Market Is Strong

  By Chad Hemenway, PropertyCasualty360.com  |  August 27, 2010

  Legislative and regulatory restraint, strong statewide building codes, and incentive programs to entice new insurers to Louisiana have each contributed to the state's recovery since Hurricane Katrina.

• La. Citizens Settles Case For $23M, Has Enough Cash To Cover It

  By Chad Hemenway, PropertyCasualty360.com  |  August 24, 2010

  Louisiana Citizens Property Insurance Corp. has reached a $23 million settlement in a class-action lawsuit over the reimbursement of contractor overhead and profit following Hurricanes Katrina and Rita.

• La. Looks To Michigan FAIR Plan GM To Head Last-Resort Insurer

  By Chad Hemenway, PropertyCasualty360.com  |  July 26, 2010

  Louisiana Insurance Commissioner Jim Donelon has turned to the head of the Michigan FAIR Plan to take over Louisiana's last-resort insurer.

• First Choice to Head La. Citizens Chooses to Stay in Alabama

  By Chad Hemenway, PropertyCasualty360.com  |  July 15, 2010

  Louisiana Insurance Commissioner Jim Donelon's first choice to take over the state's residual market insurer has declined the job, Commissioner Donelon's office said.

• Louisiana Last-Resort Insurer Gets New CEO

  By Chad Hemenway, PropertyCasualty360.com  |  July 9, 2010

  Charles M. Angell is set to become the new chief executive officer of Louisiana Citizens Property Insurance Corp., the state's insurance department has confirmed.

• Retiring CEO Of La. Residual Insurer Credited With Turnaround

  By Chad Hemenway, PropertyCasualty360.com  |  July 6, 2010

  The task of John Wortman, who has announced his retirement, was not an easy one when he was hired as the new chief executive of Louisiana's homeowners insurer of last resort.