Louisiana DOI Recovered $5.1 M In Insurance Claims In 2015

  Thursday, January 28th, 2016 Source: Live Insurance News

The Louisiana Department of Insurance has announced that it has recovered some $5.1 million in insurance claims in 2015. Insurance Commissioner Jim Donelon notes that state regulators have been working with representatives from several insurance companies to resolve complaints associated with a wide range of coverage. The majority of the funds recovered by state regulators have been recovered from the property/casualty sector, as well as the health insurance sector. According to the Department of Insurance, more than $26 million in insurance claims has been recovered in the state over the past five years.

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