Cheaper, less comprehensive health insurance now available
Posted on 10/4/2018 11:28:00 AM.

New, cheaper health insurance plans are available on the Louisiana marketplace, but there’s a catch: they don’t have to provide the same level of coverage as was mandated under Obamacare. Insurance Commissioner Jim Donelon says the plan may not cover things like pre-existing conditions and prescriptions.
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health care, health insurance, Obamacare, ACA, Jim Donelon, Louisiana, 2018

Auto insurance rates show signs of stabilizing
Posted on 9/19/2018 12:00:00 PM.
Insurance Commissioner Jim Donelon says it appears the state's auto insurance market is stabilizing as there's only been a two-percent average increase in rates this year. In 2017, auto insurance rates rose on average nearly nine-percent.

"Distracted driving has been driving rates up for the last several years and that effect is probably now embedded into our rate base and accounted for," said Donelon. 
Jim Donelon, auto rates, stabilize, usage based insurance rate discount

Insurance task force meets seeking to reduce LA rates
Posted on 8/23/2018 9:23:00 AM.

An auto insurance rate task force had its first meeting to address the state’s incredibly high insurance rates. The commission, appointed by State Insurance Commissioner Jim Donelon is composed of leaders from multiple industries, as well as state officials, and legislators. River Ridge Representative Kirk Talbot says the task force wants to address the elephant in the room keeping insurance companies away.
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Auto insurance, insurance, Jim Donelon, Kirk Talbot, Louisiana, 2018

Automotive insurance rates in Louisiana are going up by 25 percent in some cases
Posted on 2/21/2018 4:00:00 AM.
Automotive insurance rates are on the rise again, after the Louisiana Department of Insurance approved double-digit hikes last year for at least six insurance companies. State Insurance Commissioner Jim Donelon says there are several factors, including an increase in distracted driving.
 
"The National Safety Council reported 40,000 people killed in traffic accidents in 2017.  That's up six-percent from two years before in 2015."
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State Farm Insurance, Jim Donelon, automotive insurance

Deadline to receive additional money from NFIP is rapidly approaching
Posted on 12/1/2017 6:07:00 AM.

If you were affected by the August 2016 floods and feel you should’ve received more flood insurance money or uncovered additional damages, you have until December 31st to submit a proof of loss. State Insurance Commissioner Jim Donelon says the deadline was recently extended again to give victims a chance to get more.
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NFIP, Jim Donelon, Insurance, Great Flood 2016

Open enrollment for health insurance policies through the ACA runs until Dec. 15th
Posted on 11/1/2017 12:23:00 PM.

Open enrollment for health insurance policies through the Affordable Care Act begins today and runs until December 15th.

Over 122,000 Louisianans are covered through the online marketplace. State Insurance Commissioner Jim Donelon says most policy holders will see a double digit increase in premiums.
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Affordable Care Act, Jim Donelon, open enrollment, health care

Medicare open enrollment runs until Dec. 7th for 2018 plans
Posted on 10/17/2017 1:24:00 PM.

Open enrollment for the Medicare program is now until December 7th for 2018 plans.

 
State Insurance Commissioner Jim Donelon says this is the only time of the year when senior citizens can shop around for their plans and compare prices. 
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Medicare, open enrollment, Jim Donelon, LDI

Insurance Commissioner Donelon reminds residents of the importance of flood insurance
Posted on 8/31/2017 11:59:00 AM.

State Insurance Commissioner Jim Donelon is pushing the importance of flood insurance, especially after the severe flood damage left by Harvey. Donelon says the sad thing is, it usually takes a horrific storm like the one that caused the August floods last year, for homeowners to take action and protect their homes.
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Jim Donelon, flood insurance, Harvey

Louisiana ranked 2nd in the country for highest auto insurance rates
Posted on 8/11/2017 4:35:00 AM.
By Jeff Palermo
Louisiana moved up two spots to number two in Insure.com's ranking of states with the most expensive auto insurance rates. The website says Louisiana drivers average annual rate is $1,921, 46% higher than the national average. Insurance Commissioner Jim Donelon says an excessive amount of litigation is a factor.
Jim Donelon, auto rates, usage-based insurance, minimum car insurance limits

Time to check insurance policies as Hurricane Season begins
Posted on 6/1/2017 3:52:00 AM.

The state Department of Insurance is reminding policyholders to make sure they are fully covered as Hurricane Season begins today.
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LDI, Jim Donelon, flood insurance, Hurricane Season

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