insurance






 

Question by  Sam61 (20)

What can you tell me about Louisiana Citizens Insurance?

 
+7

Answer by  Robin (149)

Louisiana Citizens Insurance failed to promptly pay out claims from hurricanes Katrina and Rita. Victims of these hurricanes sued them and won a settlement of $35 million dollars last November.

 
+5

Answer by  Rubberchicken (819)

Louisiana Citizens Insurance is a state-run and supported program within Louisiana that provides property insurance to those that cannot find insurance through the voluntary property market. As with most state-supported insurance programs, it should be considered a last resort effort of coverage and in most cases, certainly, more expensive than coverage in the volunary market.

 
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