LA| The Louisiana Department of Insurance (LDI) issued Bulletin 2025-04 on June 27, 2025, providing advance notice to authorized property and casualty insurers and surplus lines insurers about potential mandatory claims data reporting requirements for the 2025 hurricane season. Insurers are required to prepare for possible data submissions following any named storm or hurricane, with specific directives, schedules, and Excel templates to be provided by the LDI if a data call is initiated.
Key points:
- Insurers must submit detailed Excel reports on claims related only to Louisiana policies affected by a named storm or hurricane, excluding non-catastrophe claims, and submit a zero-claims report if applicable; surplus lines insurers must report individually, while groups may consolidate data for authorized insurers.
- Data collected will remain confidential and exempt from public disclosure, but may be used in aggregated form for public reporting; the process excludes life, health, and several specialty insurance lines.
- The data call aims to identify the hardest-hit areas and quantify claims and losses by category (residential, commercial, auto, business interruption, flood, etc.), with clear definitions and reporting instructions provided to ensure consistency and accuracy in submissions.