Tag: hurricane claims

New Insurance Law in Louisiana Sparks Debate – Winners and Losers Revealed

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Major Insurance Law Reforms in Louisiana

Louisiana Implements Major Insurance Law Reforms for 2025 Louisiana is undergoing significant changes in its insurance landscape with the introduction of a new law that took effect on January 1, 2025. The legislation, signed by Governor Jeff Landry, repeals the unique “three-year rule,” which had long posed challenges for insurance companies operating in the state. This reform aims to make Louisiana a more competitive environment for insurers while sparking concerns among homeowners about protections. Repeal of the Three-Year Rule The three-year rule previously prevented insurance companies from canceling or non-renewing…

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What should you know about making claims following a hurricane?

Following hurricane Irene, many people are wondering how to go about making insurance claims on their policies. There are several tips that are being made by the industry to help people to get the most out of their policies and to allow them to be processed with the greatest speed and ease. The first steps include the following: • Contact an insurance adjuster as soon as possible so that they can view the extent of the damage. • Once the agent has assessed the damage, you may begin preventing further…

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