Jim Brown of WNRO in Baton Rouge, Louisiana, recently brought to light in an October 23, 2008, posting that the recent economic downturn felt by citizens nationwide and subsequent national buyout has very specific ramifications on the people of this state. This insurance squeeze will be sure to be felt by citizens of Louisiana as the cost of the buyout falls upon the American people to pay. The recent buyout of AIG cost the average American family of four $1200 and yet there seems to be no end in sight to the pinch insurance holders feel each time they make a claim on their policies.

What’s more, as Louisiana has no consumer protection agency to operate as a state oversight of insurance companies and their activities, the average policy holder has no governmental body to rely upon to watch over these companies. During Congressional hearings regarding the economic bailout, it was discovered that AIG executives had withheld and hid the financial risks being taken from federal auditors when the company began headed into a downtrurn. With executives going on $400,000+ retreats in the face of economic crisis, there appears to be no responsibility or restraint demonstrated by insurance companies like AIG.

Because of this sad state of affairs, it is even more important and relevant for insurance claimants to remain vigilant on their claims and policies. Whether dealing with a Home Owner’s, Mold Damage, Personal Injury or various other insurance claim you may be forced to deal with, it is crucial to have the representation necessary to protect your rights against insurance companies.

Continue reading

In the wake of Hurricane Katrina, statistics emerged that put into perspective the burden and overall economic hit that the state of Louisiana took because of this horrific storm. According to the Louisiana Recovery Authority, nearly twice as many people from Louisiana were impacted than any of the other four states in Katrina, a storm that destroyed three times as many homes in Louisiana as any other state. Combined with the fact that ten times as many businesses were destroyed in Louisiana than in any other state and it is easy to see that the rebuilding effort by this state was truly an undertaking.

With all of the insurance claims and problems that resulted from Katrina, many home and property owners found extreme difficulty in getting the insurance company they deserved from their policy providers. People who had one day had a home found themselves the next day homeless and without the means to start over without the insurance money they were entitled to.

The Berniard Law Firm is proud to have been a big part of helping these people have their day in court and receive the money they deserved. Today, just a little more than three years after Katrina, Lousiana home owners are still finding themselves having difficulties with an assortment of claims against their insurance companies. And today, just like in 2005, the Berniard Law Firm is ready and willing to represent policy holders against the insurance companies to make sure that people get what they are entitled to.

Continue reading

Contact Information