Louisiana Insurance Commissioner Jim Donelon recently issued an Emergency Rule that extends protections for the state's many policyholders who were impacted by the August 2016 flooding.

Gov. John Bel Edwards authorized the action in Executive Order 2017-11, which grants the commissioner temporary authority to suspend certain regulatory provisions of the Louisiana insurance code.

"Emergency Rule 33 provides some essential consumer protections for insured individuals and business owners in our state who have been repairing and rebuilding in the aftermath of the August flood," said Commissioner Donelon. "This rule comes on the heels of FEMA's decision to grant my request for an extension to the National Flood Insurance Program Proof of Loss deadline until September 1. The emergency rule and NFIP extension will provide policyholders with some much-needed flexibility in the recovery process."

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rosalie Donlon

Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].