Louisiana insurance commissioner puts Lighthouse in receivership
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Louisiana insurance commissioner puts Lighthouse in receivership

Lighthouse logo Louisiana flag.jpg

Louisiana Insurance Commissioner Jim Donelon placed Lighthouse Property Insurance Corporation and Lighthouse Excalibur Insurance into receivership last week in the 19th judicial district court.

The move is part of the process that allows the Louisiana Insurance Guaranty Association (LIGA) to take over claim payments, ensuring most policyholders with pending hurricane claims will get paid.

“Losing

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