From an article in today’s Insurance Journal, the Louisiana Commissioner of Insurance has issued an advisory letter to the companies with homeowners insurance policies in Louisiana, requesting their cooperation in extending from one to two years the prescriptive period for policyholders with Hurricane Katrina and/or Rita claims, the Louisiana Department of Insurance reported.
The article notes further, “To assist policyholders, the names of insurance companies who agree to extend the prescriptive period will be listed on the Department’s Web site and publicized through a variety of mediums.”