Insurance policyholders who have questions about their coverage
or who are not satisfied with the resolution of a claim are reminded
to contact the Louisiana Department of Insurance (LDI) for help.
In the first six months of 2015, the LDI recovered an additional
$2.37 million for insurance policyholders. Insurance Commissioner
Jim Donelon says the funds are the result of LDI staff working with
insurance companies to resolve complaints and are in addition to the
original amounts offered to consumers by their insurance companies.
"As part of our charge to make certain that insurers comply with laws
in place to protect policyholders, the LDI works with insurance
companies to resolve formal complaints and, if warranted by their
case, can aid policyholders in securing additional insurance
settlements," said Commissioner Donelon. "Our trained Consumer
Services staff are available to assist with inquiries and if you're
at odds with your insurance company, you can call us to learn what
your options are. We often hear from grateful consumers who were not
aware that help is just a phone call away." To view a recent consumer
testimonial, please visit the Department's video channel at
www.youtube.com/LAInsuranceDept.
Funds recovered are from formal complaints regarding life and
annuities; property and casualty; and health products. Information
on complaints and funds by insurance product is as follows:
Consumer Insurance Dispute Settlements (January 1 — June 30, 2015)
Insurance Product
|
Complaints Filed
|
Funds Recovered
|
Life & Annuities
|
283
|
$1,673,878.32
|
Property & Casualty
|
792
|
$434,359.89
|
Health
|
632
|
$264,236.33
|
Total
|
1,707
|
$2,372,474.54
|
Consumers may file a formal complaint online by going to
www.ldi.la.gov/onlineservices. A paper form may also be sent
by mail by contacting the LDI. Consumers may also file a complaint by visiting the
LDI and meeting with an insurance specialist who can help them with the process.
Appointments are not required and LDI keeps staff members available between 8:00 a.m.
and 4:30 p.m. Policyholders who file a complaint will receive a tracking number which
they can use to check the progress of their case online.