Hurricanes are unfortunate for many people living on the Gulf Coast in Louisiana and Texas. When a hurricane strikes, your house and surrounding property are at risk for severe damage. It’s essential to know the coverage on your insurance policy and what steps are needed to file an insurance claim after a hurricane. After a […]
Hurricane Ida: Assignment of Benefit Questions?
The process of rebuilding following a major natural disaster involves many tricky and nuanced legal issues. We are all aware of the important role that property insurance plays in helping us rebuild. Just as important are the contractors that get the work done. Hurricane Ida has brought a large influx of out-of-state contractors into Louisiana. […]
Changes Made to Louisiana Bad Faith and Prompt Payment Law
In this year’s legislative session, the Louisiana Legislature passed some meaningful changes to La. R.S. 22:1892, which governs claim handling practices in Louisiana. The law came into effect on August 1, 2021, just as hurricane season began. Overall, the changes are positive and are aimed at protecting policyholders. Insurers Must Now Explain Depreciation The first […]
Why Did My Insurance Deny My Claim After Hurricane Laura?
For insurance and legal purposes, hurricanes are not accidents. They are dangerous wind and water events that can cause massive damages. On Thursday, August 27, 2020, Hurricane Laura made landfall and caused $14 billion in damages near southwestern Louisiana and southeastern Texas near the Gulf of Mexico. If the hurricane damaged your property, your insurance […]
What Is Double Indemnity?
A double indemnity clause is a type of provision found in many life insurance and accidental death and dismemberment policies. This type of clause allows for additional payout in the event of an accidental death. However, insurance companies often make it difficult to classify the death as “accidental,” preventing you from getting payment you may […]
