Temporary Insurance Policy Protection Due to Hurricane Isaac

Louisiana Insurance Commissioner Jim Donelon has issued an emergency rule which protects policyholders impacted by Hurricane Isaac.

Under Emergency Rule 26, the following provisions apply to all types of insurance policies and are in effect from August 26, 2012 until September 25, 2012:

• Policyholders in certain parishes will have until September 25, 2012, to pay insurance premiums due on or after August 26, 2012, and cannot be charged late fees or penalties.  
• Insurance companies cannot cancel or non-renew any insurance policy between August 26, 2012 and September 25, 2012.
• Louisiana policyholders with health insurance coverage may receive out-of-network medical care during this period.  Any restrictions that a health plan may place on dispensing of drugs are not applicable and a consumer can receive a 30-day supply of prescription medication without penalty.
• An insurance company cannot cancel or non-renew an insurance policy because a claim related to Hurricane Isaac has been filed on the policy. 

Emergency Rule 26 applies to all types of insurance for policyholders in the following affected parishes:

Ascension, Assumption, East Baton Rouge, East Feliciana, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. Bernard, St. Charles, St. Helena, St. James, St. John, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Washington, West Baton Rouge and West Feliciana.

This emergency rule can be found on the Department of Insurance website by following this link.

Published: 09/17/2012

Visit: Small Business Alert Archive

Return to: LSBA Home Page