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Three Louisiana Insurance Companies to Undergo Market Behavior Audits

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At a glance:

Three insurance companies in Louisiana are to have a market behavior audit from the Louisiana Department of Insurance. 
 
The companies, Allstate, St. Paul Travelers, and Louisiana Citizens Property Insurance Corp., were the subjects of many customer complaints following last year's hurricanes. The Department allowed for that increase but is checking the companies with the most complaints per market share. 
 
The audit procedure and possible penalties are outlined in the article.

Investigating insurers

Greater Baton Rouge Business Report - 7/5/2006 10:37 AM

The Louisiana Department of Insurance is auditing companies with high customer complaint levels following last year's hurricanes.
 
The department will have three insurance companies undergoing a market behavior audit in the near future: Allstate Insurance, St. Paul Travelers and the Louisiana Citizens Property Insurance Corp., the state's high-ris
 
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