SafePoint Insurance Co. will assume 30,000 Louisiana homeowners policies from two insolvent insurers, Insurance Commissioner Jim Donelon announced Dec.
Private insurer to acquire Louisiana homeowners policies from insolvent carriers businessreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessreport.com Daily Mail and Mail on Sunday newspapers.
The past two hurricane seasons that damaged many areas of Louisiana have hit the Bayou State's property insurers hard, prompting the insurance commissioner to take a closer look at insurers' solvency and take legislative steps to make that monitoring easier.
BATON ROUGE, La. - A private insurer has agreed to take on roughly 30,000 policies from two homeowners insurance carriers taken over by the Louisiana Department of Insurance in November
BATON ROUGE, La. - A private insurer has agreed to take on roughly 30,000 policies from two homeowners insurance carriers taken over by the Louisiana Department of Insurance in November