Louisiana makes insurers verify deductible payments before claim payouts
There is no definitive evidence from recent sources or Louisiana insurance regulations, including Louisiana Revised Statutes (La. R.S.) Title 22, that explicitly mandates insurers to verify deductible payments before issuing claim payouts as a statewide requirement. However, the concept of verifying deductible payments aligns with standard insurance practices to ensure policyholders meet their financial obligations … Read more