Commissioner of Insurance State of Louisiana Jim Donelon
Jim Donelon said in the upcoming legislative session he’s proposing the most ambitious package of insurance reform bills in his 17 years as Insurance Commissioner. Donelon said the legislative package is centered around legal and claims process reform and the Fortify Homes roof grant program.
“We need insurance companies to come back to Louisiana, and this is the best way to get it done.”
Donelon said one of the legal and claims process bills would prevent rogue law firms from filing frivolous lawsuits against insurance companies, which he says drives up costs for honest homeowners. He said another proposal would allow homeowners to ask a public adjuster for a second opinion on damages.
“Some insurance companies have attempted to prohibit policyholders from hiring a public adjuster for a second opinion as to the extent of the damage and the estimated cost necessary to cover their repairs.”
Donelon said the legislative agenda includes a full implementation of the Louisiana Fortify Homes Program, which helps homeowners receive direct incentives to build stronger roofs. He said a similar program has been successful in Alabama
“With now 36,000 homes built to the Fortify standards and enjoying the benefits of a discount on their homeowner’s insurance.”
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