Proposal Would Give La. AG Muscle in Insurance Disputes

Attorney General Charles Foti says state law does not give him authority to sue insurers for alleged unfair trade practices, as Mississipi Attorney General Jim Hood did. Hood’s suit, filed in a state court, accused companies of violating the Mississippi Consumer Protection Act by selling policies that exclude storm surge from coverage. Even if Foti could file suit, he questions whether the courtroom is the best place to resolve thousands of disputes between Louisiana homeowners and insurance companies.