|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.
|LDI, Jim Donelon, flood insurance, Hurricane Season|
|Posted on 12/28/2016 10:14:00 AM.|
More and more Louisiana residents are buying flood insurance through the National Flood Insurance Program after two historic floods devastated Louisiana this year. That’s according to Insurance Commissioner Jim Donelon, who says flood insurance is the best purchase a property owner can make, whether or not they live in a flood plain.
|Jim Donelon, NFIP, flood insurance, floods|
|Posted on 10/26/2016 3:40:00 AM.|
Louisiana flood victims have received over one billion dollars in flood insurance payments in less than three months after the historic flooding. Wayne Berggren with the National Flood Insurance Program says they’ve seen over 29,000 claims submitted for review and payment and of that 48% have been closed out.
|Waybe Berggren, National Flood Insurance Program, The Great Flood 2016, flood insurance|
|Posted on 9/25/2016 4:59:00 AM.|
Over a month after the historic flooding in south Louisiana, many flood victims are still struggling to recover. Congressman Garret Graves of Baton Rouge has introduced a bill to help future disaster victims get assistance in a timely manner. He says the biggest complaint he’s heard is that it’s taking too long to get money from flood insurance claims.
|Garret Graves, flood insurance|
|Posted on 9/1/2016 12:57:00 PM.|
Insurance Commissioner Jim Donelon says he’s been told the August flood event will be the fourth most costly event for the National Flood Insurance Program.
|Jim Donelon, NFIP, flood insurance|
|Posted on 8/23/2016 12:28:00 PM.|
Former Governor Kathleen Blanco understands what state and local officials are dealing with as the recovery has begun from the devastating flood that inundated thousands of homes without flood insurance. She says similar to Hurricane Katrina, we are once again dealing with a serious housing dilemma.
|Kathleen Blanco, The Great Flood 2016, flood insurance, flooding, housing|
|Posted on 3/18/2015 3:30:00 AM.|
Residents will soon have to pay more for flood insurance. State Insurance Commissioner Jim Donelon says the increases are the result of changes to the National Flood Insurance Program passed by Congress last year.
|flood insurance, premiums, Jim Donelon, Louisiana, insurance|
|Posted on 2/26/2014 4:13:00 AM.|
The US House is getting close to voting on legislation that would prevent large flood insurance premiums for property owners. Baton Rouge Congressman Bill Cassidy says the bill would repeal provisions of a 2012 flood insurance reform law that calls for much higher flood insurance rates for thousands of Louisiana homeowners.
|Bill Cassidy, US House of Representative, flood insurance, |
|Posted on 1/30/2014 3:26:00 PM.|
The US Senate approves legislation that would delay large flood insurance premium increases, but the bill still faces obstacles.
One hurdle is the White House, which has expressed concern with the fiscal impact the measure will have on the National Flood Insurance Program. Senator Mary Landrieu says at least they did not threaten to veto it.
|Mary Landrieu, flood insurance, National Flood Insurance Program|
|Posted on 12/17/2013 5:29:00 PM.|
Senator Mary Landrieu fears there may be no fix the flawed flood insurance reform law before the year's end. The Biggerts-Waters Flood Insurance Reform Act will mean huge premium hikes for many residents in Louisiana. Landrieu says there is a widely supported Senate bill, but it's hung up waiting on a procedural vote to debate it.
|Mary Landrieu, flood insurance, Biggert-Waters|
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