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By Chad Hemenway, PropertyCasualty360.com |
April 20, 2012
A scheduled meeting today between Louisiana Citizens Property Insurance Corp. and attorneys for more than 18,500 policyholders owed about $105 million from the last-resort insurer was abruptly canceled.
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By Chad Hemenway, PropertyCasualty360.com |
April 10, 2012
The most recent ruling from the Louisiana Supreme Court lifts a stay on a judgment of more than $100 million against Louisiana Citizens Property Insurance Corp. in favor of more than 18,500 policyholders.
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By ALAN SAYRE, AP BUSINESS WRITER |
March 9, 2012
A judge has removed another legal hurdle for policyholders of Louisiana Citizens Property Insurance Corp. trying to collect more than $100 million for the company's failure to handle claims quickly enough following the 2005 hurricanes.
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By Phil Gusman, PropertyCasualty360.com |
February 29, 2012
After its request for stay in a class-action suit is denied, Louisiana Citizens offers $103M settlement.
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By Melinda Deslatte, Associated Press |
February 23, 2012
Louisiana's property insurer of last resort is offering nearly $103 million to settle disputes over its handling of claims after hurricanes Katrina and Rita more than six years ago.
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By Chad Hemenway, PropertyCasualty360.com |
February 16, 2012
Negotiations between Louisiana Citizens Property Insurance Corp. and plaintiffs’ attorneys over more than $100 million are off to a rocky start following a U.S. Supreme Court decision to not delay the execution of the class-action judgment against the last-resort insurer.
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By Chad Hemenway, PropertyCasualty360.com |
February 10, 2012
Negotiations between Louisiana Citizens Property Insurance Corp. and plaintiffs’ attorneys over more than $100 million are off to a bad start.
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By Chad Hemenway, PropertyCasualty360.com |
February 8, 2012
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.
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By Phil Gusman, PropertyCasualty360.com |
February 2, 2012
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.
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By Associated Press |
January 31, 2012
A judge Monday stopped attorneys trying to seize bank accounts of Louisiana's property insurer of last resort to collect more than $100 million they won for homeowners who claimed the company dragged its heels in adjusting hurricane claims in 2005.
