re: La. Homeowners Insurance

Yes, the litigation is the biggest issue.

Florida has at least a process to establish bad faith. In Louisiana its basically $1 pay out after 30 days of claim made the carrier is open up to bad faith.

Any atty represented claim with a supplement payout the atty is pursuing bad faith. This began with Laura when the bad faith judgements began coming down. It became an extreme issue for Ida.

It is an impossible situation for the carrier when you have a large volume of claims for a storm and having to use inexperienced adjusters and expedite the claims to have a coverage decision within the 30 days.

Not saying carriers have clean hands in all this but the carrier issues can be cleaned up much easier with a process similar to Florida.