Louisiana

Insurance Fraud Costs Every Louisiana Resident $973 a year

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SHREVEPORT, La.- Each individual in Louisiana pays $973 extra for insurance coverage, items and companies on account of insurance coverage fraud.

For a household of 4 it’s $3,800/12 months in keeping with the Coalition In opposition to Insurance coverage Fraud.

A current survey confirmed that 61% of CEOs of publically traded corporations admitted they’d contemplate criminal activity if obligatory to satisfy quarterly expectations of Wall Avenue.

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The Coalition gave its findings on the Louisiana Division of Insurance coverage’s on the Annual Convention.

Fee of Insurance coverage Jim Donelon mentioned the Legislature will contemplate an incentive program to make houses extra storm resistant, particularly in gentle of the lethal tornadoes in Mississippi this weekend.



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