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What happened to lighthouse Excalibur?
Insurance Commissioner Jim Donelon placed financially troubled homeowners insurance company Lighthouse Property Insurance Corporation (Lighthouse Excalibur Insurance Company) into receivership last week in the 19 th Judicial District Court.
Does lighthouse insurance company still own Excalibur?
In 2019, Lighthouse acquired Excalibur National Insurance Company and relaunched it as Lighthouse Excalibur Insurance Company, a wholly-owned subsidiary of Lighthouse. As of June 2020, Lighthouse acquired Prepared Insurance Company, allowing the company to enter the state of Florida and expand its geographic footprint further.
Who is lighthouse property insurance?
Established in 2008, Lighthouse Property Insurance Corporation (Lighthouse) is an admitted property and casualty insurance company authorized to write in Florida, Louisiana, North Carolina, South Carolina, and Texas.
How much does lighthouse's guaranty fund cover?
According to the National Conference of Insurance Guaranty Funds, only nine states have guaranty fund coverage of $500,000 per policyholder. Lighthouse Property Insurance Corporation had approximately 30,000 policies and 16,000 Ida-related claims, and as of Dec. 31, 2021, the insurer covered 3.27% of the Louisiana homeowners insurance market.
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Commissioner Donelon Places Lighthouse Property …
Apr 14, 2022 · Insurance Commissioner Jim Donelon placed financially troubled homeowners …
6-20-22 Commissioner Donelon Announces Lighthouse …
Jun 20, 2022 ·
Insurance Commissioner Jim Donelon announced Thursday that the policy …
Thousands of Louisianans will lose homeowners …
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Court Orders Liquidation of Lighthouse Excalibur Insurance
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East Hampton Town Board Meeting Link to the agenda portal http://easthamptontown.iqm2.com/citizens/
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