The June edition of the LFMA Floodwatch newsletter is now available.
Please take a look to see news, events and information regarding Louisiana Floodplain Management.
New Louisiana Emergency Rule Extends Flood-Impacted Policyholder Protection
Louisiana Insurance Commissioner Jim Donelon says a new emergency rule extends the time in which policyholders affected by August 2016 flooding have to comply with insurance policy provisions.
Emergency Rule 33 continues the provisions of previously issued Emergency Rules 28, 30 and 32 which suspend the ability of insurers to cancel or terminate policies due to the inability of policyholders in federal declared disaster areas to comply with certain policy provisions during the state of emergency. For example, some policies might require habitation or occupancy of dwellings or similar provisions that are not reasonably feasible to comply with following the catastrophic flooding.
The Emergency Rule includes the following provisions for the period Aug. 12, 2016, through Aug. 14, 2017:
- The emergency rule applies to all insurers regarding all types of homeowners and/or residential property insurance, commercial insurance, fire and extended coverage insurance, credit property and casualty insurance, property and casualty insurance and surplus lines insurance.
- The Emergency Rule applies to insureds living in Acadia, Ascension, Assumption, Avoyelles, Cameron, East Baton Rouge, East Feliciana, Evangeline, Iberia, Iberville, Jefferson Davis, Lafayette, Livingston, Pointe Coupee, St. Charles, St. Helena, St. James, St. John the Baptist, St. Landry, St. Martin, St. Tammany, Tangipahoa, Vermilion, Washington, West Baton Rouge and West Feliciana. All of those parishes were included in the federal disaster declaration following the August 2016 flood events.
Source: Louisiana Department of Insurance
BATON ROUGE, La. — Louisiana renters who experienced losses due to the February tornadoes that damaged Livingston and Orleans parishes may be eligible for disaster recovery assistance from FEMA and the U.S Small Business Administration (SBA).
Renters may be eligible for grants from FEMA to help with such disaster-related expenses as:
- Renting a new residence because the renter’s previous home is uninhabitable due to the tornadoes.
- Disaster-related medical and dental expenses.
- Replacement or repair of necessary personal property lost or damaged in the tornadoes. This includes appliances and furniture, textbooks and computers used by students and work equipment and tools used by the self-employed.
- Repair or replacement of vehicles damaged by the disaster.
FEMA grants are not loans and do not have to be repaid. The grants are nontaxable and will not affect eligibility for Social Security, Medicaid, welfare assistance, SNAP benefits and several other programs.