GeoVera slapped with cease-and-desist over non-renewal of Louisiana homeowner policies
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

GeoVera slapped with cease-and-desist over non-renewal of Louisiana homeowner policies

Property cat insurer GeoVera Specialty has been ordered to stop the non-renewal of Louisiana homeowners’ insurance policies in the wake of claims filed after Hurricane Delta.

State insurance commissioner Jim Donelon this week issued a cease-and-desist order arguing that GeoVera was breaking Louisiana law that prohibits insurers – “except in very limited circumstances” – from non-renewing policyholders who have been customers for more than three...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article