| Aug 13, 2009
BATON ROUGE, La. (AP) - The governing board of Louisiana's state-backed property insurance firm on Thursday approved a reduction in a fee imposed on policyholders, money that goes to pay off debt incurred because of Hurricane Katrina claims.
| Aug 18, 2009
Louisiana's state-backed insurance company is facing an expensive legal bill that could get passed on to homeowners.
Louisiana Citizens Property Insurance Corp. has until Monday to post a $95 million bond after losing a class-action lawsuit that said the...
| Aug 19, 2009
State Insurance Commissioner Jim Donelon has called a news conference to discuss a very large legal bill.
Louisiana's state-backed insurance company has until Monday to post a $95 million bond after losing a class-action lawsuit that said the company...
| Aug 24, 2009
| 4:53 PM
A $6 million agreement with plaintiffs' lawyers has eliminated the need for Louisiana's "insurer of last resort" to post a $95 million bond as it appeals a class action lawsuit.
Insurance Commissioner Jim Donelon said Louisiana Citizens Property...
| Sep 8, 2009
A judge has rejected an attempt to have criminal charges dismissed in a case against the former chief executive of Louisiana's insurance company of last resort.
Terry Lisotta, former CEO of Louisiana Citizens Property Insurance Corp., tried to get the...
| Sep 19, 2008
Although the hurricanes of 2004 and 2005 are but a fading memory, Citizens Property Insurance Corp. still has almost 2,000 unresolved homeowner damage claims in Florida.
And in the past two years, the state-backed property insurer has logged 2,422...