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Louisiana Assumption Sinkhole Residents: Insurance policies canceled

 
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User ID: 20257839
United States
02/06/2013 04:18 AM
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Louisiana Assumption Sinkhole Residents: Insurance policies canceled
BAYOU CORNE — Louisiana Commissioner of Insurance Jim Donelon said Tuesday his office is making a general inquiry into allegations that insurers are not renewing homeowner’s policies of residents evacuated due to the large sinkhole in Assumption Parish.
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Source: [link to theadvocate.com]
goodmockingbird
In the Heart of the EF 5 Tornado Belt

User ID: 29124333
United States
02/06/2013 04:52 AM

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Re: Louisiana Assumption Sinkhole Residents: Insurance policies canceled
There are some cases of nonrenewal because the evacuated homes are not occupied.

Not the same as cancellation.

Would insurance companies like to cancel Bayou Corne policies? Most likely they would leap at the chance.

But they cannot legally do so.
In Memory of Tyrone Woods and Glen Doherty: American Heroes, Abandoned and Betrayed.
Anonymous Coward
User ID: 20756371
United Kingdom
02/06/2013 04:59 AM
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Re: Louisiana Assumption Sinkhole Residents: Insurance policies canceled
The policies are renewed every year.

I bet the companies are getting out of their side of the bargain.
CeeLite
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User ID: 33205178
United States
02/08/2013 01:18 AM

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Re: Louisiana Assumption Sinkhole Residents: Insurance policies canceled
I just saw this and bump
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