Louisiana Ins Commish mandates extension on Katrina/Rita property casualty lawsuits
Elizabeth Mansfield
Description
Collection
Title:
Louisiana Ins Commish mandates extension on Katrina/Rita property casualty lawsuits
Creator:
Elizabeth Mansfield
Date:
7/13/2006
Text:
The following info may be useful to O&P professionals affected by Katrina and Rita - it's from insurancejournal.com
Louisiana Commissioner Orders Insurers to Extend Hurricane Prescription Period Just over a month after he asked insurance companies in his state to voluntarily do so, Louisiana Commissioner of Insurance Jim Donleon issued Directive 199 mandating that all companies insuring property in Louisiana extend the period in which a policyholder can file a lawsuit as a result of a Hurricane Katrina or Rita claim from one to two years.
Most property and casualty policies in Louisiana limit an insured's right to file suit to a period of 12 months after the date of loss.
Directive 199 orders insurance companies to file a stipulation with the Department of Insurance by Aug. 1, 2006, stating that any insured with a property and casualty insurance policy in Louisiana shall have until Aug. 30, 2007, to file suit or a legal action with regard to any claim for property damages caused by Hurricane Katrina and until Sept. 25, 2007, for a Hurricane Rita claim.
For more info go to the blog <URL Redacted> or click on the link below to go to insurancejournal.com
<URL Redacted>
Outsource Marketing Solutions, LLC
860-967-4184
If you read just one blog - make it THIS blog!
July 2006 O&P Business News Cover Story - click here
Branding AOPA, Hollywood, 9/29/06 2 pm
Louisiana Commissioner Orders Insurers to Extend Hurricane Prescription Period Just over a month after he asked insurance companies in his state to voluntarily do so, Louisiana Commissioner of Insurance Jim Donleon issued Directive 199 mandating that all companies insuring property in Louisiana extend the period in which a policyholder can file a lawsuit as a result of a Hurricane Katrina or Rita claim from one to two years.
Most property and casualty policies in Louisiana limit an insured's right to file suit to a period of 12 months after the date of loss.
Directive 199 orders insurance companies to file a stipulation with the Department of Insurance by Aug. 1, 2006, stating that any insured with a property and casualty insurance policy in Louisiana shall have until Aug. 30, 2007, to file suit or a legal action with regard to any claim for property damages caused by Hurricane Katrina and until Sept. 25, 2007, for a Hurricane Rita claim.
For more info go to the blog <URL Redacted> or click on the link below to go to insurancejournal.com
<URL Redacted>
Outsource Marketing Solutions, LLC
860-967-4184
If you read just one blog - make it THIS blog!
July 2006 O&P Business News Cover Story - click here
Branding AOPA, Hollywood, 9/29/06 2 pm
Citation
Elizabeth Mansfield, “Louisiana Ins Commish mandates extension on Katrina/Rita property casualty lawsuits,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 24, 2024, https://library.drfop.org/items/show/226922.
