WASHINGTON, D.C. - January 30, 2014 - (RealEstateRama) -- Today, Congressman Bill Cassidy, M.D. commented on the President’s opposition to the Menendez-Isakson Homeowner Flood Insurance Flood Affordability Act. Dr. Cassidy is an original co-sponsor of the House version of this legislation and the author of the Cassidy Amendment, which became law last week and will suspend certain flood insurance rate increases for up to 400,000 Louisianans for more than one year. Dr. Cassidy released the following statement
Commissioner Donelon Reminds Property Insurance Policyholders of Deadline to Claim 2009 Citizens Rebates
WASHINGTON, D.C. - December 11, 2013 - (RealEstateRama) -- Insurance Commissioner Jim Donelon held a press conference this morning to announce a milestone reached by Louisiana Citizens Property Insurance Corporation (Citizens) and also reminded property insurance policyholders that the clock is ticking on the deadline to claim a rebate for the Citizens Assessment. After December 31, 2013, policyholders will no longer be able to claim the 2009 Citizens assessment rebate. Nearly $59 million in rebates for 2009 remains unclaimed by property owners in Louisiana.
WASHINGTON - November 20, 2013 - (RealEstateRama) -- Today, at the request of Congressman Bill Cassidy, M.D. and members of the Congressional Home Protection Caucus, the House Financial Services Committee held a hearing on the National Flood Insurance Program. Dr. Cassidy released the following statement on the hearing
WASHINGTON, D.C. - September 27, 2013 - (RealEstateRama) -- U.S. Senator Mary L. Landrieu, D-La., met with representatives of the U.S. Chamber of Commerce to discuss the importance of fixing the flawed Biggert-Waters Flood Insurance Reform Act of 2012 and ask the Chamber to join the bipartisan effort to make flood insurance affordable for homeowners and businesses.
Washington, DC - September 13, 2013 - (RealEstateRama) -- Congressman Charles W. Boustany, Jr., M.D., (R-South Louisiana) issued the following statement after supporting legislation H.R. 3013, the Home Protection Act of 2013, seeking to keep flood insurance rates affordable for the residents of South Louisiana
WASHINGTON, D.C. - July 1, 2013 - (RealEstateRama) -- Insurance Commissioner Jim Donelon announced today that he has named David Thomas as the new Chief Executive Officer of Louisiana Citizens Property Insurance Corporation (Citizens), the state’s market of last resort for property insurance. Thomas has nearly 40 years of experience in the insurance industry and has served in the positions of CEO, Chief Financial Officer, and President of insurance groups. He has worked in a variety of disciplines including finance, operations, customer service and information technology for companies ranging from start-ups to established organizations.
WASHINGTON, DC - June 3, 2013 - (RealEstateRama) -- Congressman Bill Cassidy, M.D. today announced he will introduce an amendment to the FY 2014 Homeland Security Appropriations bill to protect America’s home owners from rate increases in the National Flood Insurance Program
Cassidy, Vitter, Richmond, Grimm, Pascrell, Palazzo Start Home Protection Caucus To Make Flood Insurance...
WASHINGTON, DC - May 17, 2013 - (RealEstateRama) -- Today, Congressman Bill Cassidy M.D., along with Co-Chairmen Senator David Vitter (R-LA) and Congressmen Cedric Richmond (D-LA), Michael Grimm (R-NY), Bill Pascrell (D-NJ) and Vice-Chairman Steven Palazzo (R-MS) announced the creation of the bi-cameral, bi-partisan Congressional Home Protection Caucus
BATON ROUGE, LA - April 17, 2013 - (RealEstateRama) -- Louisiana property owners whose homes or other structures were damaged during Hurricane Isaac-related flooding have only a short time remaining to file claims for their losses. Most policyholders have until April 22 to complete their proof of loss claims
Commissioner Donelon, Department of Revenue Urge Property Owners to Claim Their Citizens Assessment Rebate...
WASHINGTON, D.C. - February 21, 2013 - (RealEstateRama) -- Nearly two-thirds of insurance rebates that are available to policyholders are unclaimed, according to Commissioner of Insurance Jim Donelon. Today, Commissioner Donelon and Department of Revenue (LDR) Director of Customer Service Kent LaPlace held a joint press conference to help make property owners aware of the opportunity to claim the Louisiana Citizens Property Insurance Corporation (Citizens) rebate. Donelon and LaPlace explained the simple process for claiming the rebates.
WASHINGTON, D.C. - January 28, 2013 - (RealEstateRama) -- Insurance Commissioner Jim Donelon announced today his decision to decline a recent rate request filed by State Farm Fire and Casualty Company (State Farm). State Farm submitted the request for the +16.6 percent rate increase to its homeowners program in November of 2012
BATON ROUGE, LA - January 22, 2012 - (RealEstateRama) -- Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have an additional 30 days to file claims for their flood-related losses. This means most policyholders have until Feb. 21 to complete their proof of loss.
BATON ROUGE, LA - November 22, 2012 - (RealEstateRama) -- Louisiana property owners with flood insurance policies whose homes or other structures were damaged during Hurricane Isaac have an additional 60 days to file claims for their flood-related losses. This means policyholders have until late January 2013 to file.
BATON ROUGE, LA - September 3, 2012 - (RealEstateRama) -- Homeowners, renters and business owners in five Louisiana parishes who sustained property damage as a result of Hurricane Isaac are urged to register with the Federal Emergency Management Agency (FEMA) as soon as possible.
DENTON, TX - August 22, 2012 - (RealEstateRama) -- Caldwell Parish, Louisiana homeowners, business and residential renters, and business owners who do not have flood insurance are encouraged to buy coverage now to get the best possible premiums before new flood insurance rate maps go into effect.