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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 Chad Hemenway, PropertyCasualty360.com |
February 27, 2012
Attorneys representing a group of homeowners that sued the Louisiana insurer of last resort have rejected a settlement offer, calling it “fatally flawed.”
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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.
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By Chad Hemenway, PropertyCasualty360.com |
January 24, 2012
Louisiana’s last-resort insurer is considering going to the U.S. Supreme Court after the state’s highest court chose not to reconsider its decision to reinstate a $92.7 million award in favor of policyholders.
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By Melissa TinklePaugh |
January 19, 2012
Louisiana Citizens Property Insurance Corp. has proposed a 10.5 percent overall increase to homeowners’ insurance rates in order to correct inadequate rates for wind-and-hail coverage, according to Richard Robertson, CEO of the state-run, last-resort insurer.
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By Chad Hemenway, PropertyCasualty360.com |
January 13, 2012
Louisiana Citizens Property Insurance Corp. doesn’t 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.
