Commissioner Donelon Updates 2020 Hurricane Data Through March 31, 2021 westcentralsbest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from westcentralsbest.com Daily Mail and Mail on Sunday newspapers.
Insurers Increase La. Hurricane Payout Estimates By 25% April 30, 2021
Insurers have increased their estimates of the cost of the three hurricanes that struck Louisiana by 25 percent since the end of last year, Insurance Commissioner Jim Donelon said.
Insurance companies now expect to pay $9.6 billion on claims of all types from hurricanes Laura, Delta and Zeta in Louisiana, up from $7.7 billion at the end of last year, according to the latest round of information from insurers quantifying paid and reserved losses through March 31.
Policyholders have now filed 311,266 claims of all types from the three storms through the first quarter of this year. Of those, 192,045 claims, or 62%, were closed with payment as of March 31, garnering $6.9 billion in payments for damage caused by the three hurricanes.
BATON ROUGE, La. - Insurers have increased their estimates of the cost of the three hurricanes that struck Louisiana by 25% since the end of last year, Insurance Commissioner Jim Donelon said.
Insurance companies now expect to pay $9.6 billion on claims of all types from hurricanes Laura, Delta and Zeta in Louisiana, up from $7.7 billion at the end of last year, according to the latest round of information from insurers quantifying paid and reserved losses through March 31.
Policyholders have now filed 311,266 claims of all types from the three storms through the first quarter of this year. Of those, 192,045 claims, or 62%, were closed with payment as of March 31, garnering $6.9 billion in payments for damage caused by the three hurricanes.
Christopher Cook with Alliance Insurance explains the ins and outs of home and auto insurance Author: WFMY News 2 Staff Published: 4:40 PM EDT April 28, 2021 Updated: 6:43 PM EDT April 28, 2021
GREENSBORO, N.C. Insurance protects us in serious times of need.
From a fallen tree on your home to making sure you re covered if that new car you recently purchased is covered if someone hits it, or if you just need a tow. But knowing what coverages are required and which are extra can be tricky.
Christopher Cook with Alliance Insurance joins us to answer your questions about your home and auto policies.