Louisiana insurance law

Does Your Homeowners Insurance Policy Have a Hurricane Deductible?

Living in a hurricane-prone states like Louisiana means that homeowners must be particularly vigilant about their insurance coverage and policy details. One critical aspect that often catches homeowners by surprise is the hurricane deductible. This deductible, which is separate from a standard deductible, can significantly impact how much you pay out of pocket in the

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Good Faith, Bad Faith and Revised Louisiana Insurance Laws

Earlier this year, Louisiana Governor Jeff Landry signed a series of insurance bills into law. In addition to repealing the state’s “three-year rule, newly signed Act No. 3 (formerly Senate Bill 323) introduces significant changes to how bad faith claims and insurance disputes are handled in Louisiana. The changes repeal certain provisions and add reciprocal duties of good faith

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What Louisiana Residents Need to Know About the Repeal of the “Three-Year Rule”

In the wake of Hurricane Katrina, Louisiana lawmakers instituted what became known as the “three-year rule” in which insurers were barred from dropping a policy or raising its deductible after it had been renewed for three years. This law, unique to Louisiana, has recently been repealed.    Formerly House Bill 611, Louisiana Act No. 9 gradually relaxes

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