Bankrupt insurance companies leave Louisiana families scrambling before hurricane season

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Hurricane season is coming up, but some folks in Louisiana are still fighting their insurance companies for payments after last season.

since Hurricane Ida hit the state last August, leaving many families without the money to fix their homes.

"The mold was just from top to bottom, especially the kids' room took on a lot of water," mom Nicole Ficaro said. "We had to throw away a lot of toys, books and clothes." It's been over eight months since Ida roared ashore — and the Ficaros' home is still without walls. They were waiting on an insurance check before their insurer went under. In the meantime, they've been paying for an apartment on top of a mortgage.

"These folks will see, I do believe, better service and quicker payments because the Guaranty Fund has the money they need," Donelon said. "Compared to the failing companies that were running out of money."Ficaro said she hoped she'll see a check soon: "I just want to get my kids back in their home so they can do what kids are supposed to do and we can be home as a family.

 

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