Louisianas state-run insurer of last resort has settled the remaining claims in a class-action lawsuit against its claims handlings after Hurricanes Katrina and Rita in 2005.
A 40-year insurance veteran who last served as president of an Indiana-based independent insurance agency has been hired as the next CEO of Louisiana Citizens Property Insurance Corp.
A 40-year insurance veteran who last served as president of an Indiana-based independent insurance agency has been hired as the next CEO of Louisiana Citizens Property Insurance Corp.
The board for Louisiana Citizens Property Insurance Corp. voted Thursday to borrow $100 million through bonds to cover a cash shortfall of $70 million, despite the objections of the states Treasurer.