Louisiana Insurance Laws are found primarily in Louisiana Revised Statutes Title 22. The laws are set forth as follows: Revised Statutes TITLE 22 RS 22:1 Louisiana Insurance Code RS 22:2 Insurance regulated in the public interest RS 22:2.1 Redesignated as R.S. 22:42 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:3 Composition of Department of Insurance RS 22:4 Redesignated as R.S. 22:12 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:5 Redesignated as R.S. 22:46 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:6 Redesignated as R.S. 22:47 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:7 Redesignated from R.S. 22:13 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:8 R.S. 22:8(A) redesignated as R.S. 22:3 and R.S. 22:8(B) and (C) redesignated as R.S. 22:2(J) and (K) by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:9 Redesignated as R.S. 22:2161 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:10 Redesignated as R.S. 22:971 by Acts 2008, No. 415, §1, eff. Jan. 1, 2009. RS 22:11 Rules and regulations by commissioner RS 22:11.1 Rules and regulations; essential health benefits package RS 22:12 Insurer; qualification required; compliance with Code required RS 22:12.1 Maintenance of information in applications for licensure RS 22:13 Penalty for violations RS 22:14 Violations reported by employees; retaliation by insurer prohibited RS 22:15 Repealed by Acts 2009, No. 503, §2. RS 22:16 Failure to comply with written orders […]

Homeowners suffering structural damage due to a Louisiana Tornado, Hurricane or Hail Damage often face a percentage based homeowner’s insurance deductible instead of a fixed deductible of say $500 or $1,000. Often times, the homeowners is shortchanged when the insurer refuses to pay maintaining the damage is less than the percentage deductible. For example, the homeowner’s policy may have structural limits of $200,000 with a 5% policy deductible. In this case the insurance company adjuster may determine that the damage is only $9,500, less than the $10,000 deductible (5% of $200,000). Often times the adjuster overlooks hidden structural damage and mold. Or perhaps the adjuster may maintain that the damaged home or business was not in the direct path of the storm and that the structural damage is unrelated to the storm. Engineering, mold and meteorological experts are often needed to prove these claims. Furthermore, homeowner’s insurers may fail to advance money for Additional Living Expenses, or fail to pay for Recoverable Depreciation, Debris Removal or Lost Profits due to a Business Interruption. Or the homeowners or business owner may haphazardly complete the content list. If you have any questions or need help with your wind damage claim, contact an attorney that has handled hundreds of wind damage claims.

The second anniversary of Hurricane Gustav is quickly approaching. Many have still not recieved their supplemental insurance proceeds. Some have been denied. It may not be too late to file your Hurricane Gustav Insurance Lawsuit. If you still do not have enough money to fix your home or business property damage, or have not yet been fully compensated for your business losses or contents claims, or have not been able to afford replace your damaged asbestos slate or terracotta roof, Louisiana Revised Statute 22:868 provides for a period of “twenty-four months next after the inception of the loss” to file a lawsuit for certain types of claims. Of course, if you wish to pursue a Hurricane Gustav insurance lawsuit, gather your insurance company’s estimate and your policy together and hire an attorney immediately to protect your interests as you may be facing very important legal deadlines. Resources: Louisiana Revised Statute 22:868 Louisiana Revised Statute 22:47 Louisiana Revised Statute 22:1692 Hurricane Insurance Claims