Commissioner Orders State Farm To Stop Imposing Hurricane Duration Deductible

Mealey's (August 28, 2019, 11:54 AM EDT) -- BATON ROUGE, La. — The commissioner of the Louisiana Department of Insurance on Aug. 20 issued a cease-and-desist order and a notice of proposed regulatory action against State Farm Fire and Casualty Co. after receiving notice of a complaint that the insurer is imposing a hurricane duration deductible on claims made by its insureds for Hurricane Barry losses that allegedly occurred before the hurricane duration period....