CARFAX projects widespread flooding in New York City, New Jersey and Louisiana will lead to large number of flood damaged vehicles. In the wake of Hurricane Ida and other intense storms across the United States, consumers need to be on alert for flooded vehicles resurfacing on the used car market. CARFAX data suggests widespread flooding […]
Farmers Insurance Returns to Louisiana Auto Insurance Market
Louisiana Insurance Commissioner Jim Donelon has approved rate and form filings for Farmers Insurance (Farmers), the nation’s ninth largest property and casualty insurer, to return to the Louisiana market this month with auto, homeowners, condo and renters insurance. “The addition of a major national company to the roster of insurers offering property and automobile insurance […]
Noblr Car Insurance Launches In Louisiana
Noblr announced its auto insurance is now available in Louisiana. Noblr provides an app-powered, personalized car insurance experience that rewards members’ good driving behaviors with continuous, real-time competitive rates. “We’re excited to launch in our sixth state, and to bring an empowering car insurance experience to drivers across Louisiana,” said Gary Tolman, Noblr Co-founder & […]
Louisiana Insurance Commissioner Calls for Commercial Auto Insurance Premium Discounts
Louisiana Insurance Commissioner Jim Donelon has called upon commercial vehicle insurers to review their Louisiana policies and consider returning a percentage of premium to policyholders whose businesses have been impacted by the stay at home orders put in place as a result of the Coronavirus pandemic. Following these emergency declarations, many commercial fleet operators are […]
IAA Relocates and Expands Baton Rouge Branch
IAA, Inc. (NYSE:IAA) announced the relocation of its Baton Rouge, La. Branch, increasing its capacity by approximately 60 percent. The new facility is located at 5978 Hwy 75 in Carville. “This relocation of our Baton Rouge facility brings additional capacity to the Gulf of Mexico region, an area where catastrophic weather events occur regularly,” said […]
Boyd Group Acquires Collision Repair Center in Louisiana
The Boyd Group Inc. announced the opening of a Gerber Collision & Glass collision repair center in Gonzales, La. The location previously operated as Precision Collision Center since being built 19 years ago. Gonzales is known as the “Jambalaya Capital of the World” as a result of its well-known annual Jambalaya Festival attended by more […]
Louisiana Legislature Passes Collision Repair and Auto Glass Anti-Steering Legislation
Bill expands state’s current anti-steering law and increases fines that can be levied on auto insurance companies. On Saturday, June 1, the Louisiana Senate voted to approve legislation passed by the House of Representatives that would expand the state’s anti-steering law and double fines for an initial offense and a 10 times increase for third […]
Louisiana Legislation Seeks to Increase Fines for Insurance Company Collision Repair and Auto Glass Steering
Legislation passed by the House of Representatives would expand the state’s anti-steering law and double fines for an initial offense and a 10 times increase for third and subsequent offenses. Louisiana House of Representative legislation currently before the Louisiana Senate would expand the state’s existing insurance company steering prohibitions for collision repair and auto glass […]
Louisiana Legislation Seeks to Prohibit Insurers from Using Photos to Generate Collision Repair Estimates
Legislation would require appraisers and insurers to disclose that consumers are not required to submit photos to obtain an appraisal. Bill also requires insurers to secure a signed aftermarket crash part disclosure. Legislation pre-filed in Louisiana seeks to prohibit appraisers from preparing repair estimates using photographs or telephone calls and require a personal inspection. House […]
Louisiana Veterans Seeking Insurance Licenses Can Now be Reimbursed for Exam Fees
Veterans applying for insurance licenses with the Louisiana Department of Insurance (LDI) are now eligible for reimbursement of the required exam fees. The Louisiana Department of Veterans Affairs recently approved the LDI’s application to participate in the Veterans Federal Exam Reimbursement Program effective November 1, 2018. The following license types are eligible for fee reimbursement: […]