Liquidation Date: April 28, 2022
Claim Deadline: August 23, 2023
Effective April 28, 2022, Lighthouse Property Insurance Corporation [“Company” or “Lighthouse”] was ordered into liquidation by the 19th Judicial Circuit Court in the parish of East Baton Rouge, Louisiana. The Louisiana Department of Insurance (“Department” or “Receiver”) is the court appointed receiver for the Company. Copies of the Liquidation Order and other relevant information are available on the Department’s website, https://www.ldi.la.gov/.
With the entry of the liquidation order, the Florida Insurance Guaranty Association (“FIGA”) has been activated to help pay outstanding Florida claims for property and casualty policies. The processing and payment of covered claims will be made by FIGA (subject to the lesser of policy limits or FIGA’s maximum cap). The maximum amount FIGA will cover is generally $300,000 per claim. An additional $200,000 is available for structures and contents on homeowners’ claims. No claim will be paid in excess of this cap. For more information on FIGA’s claim handling see the FAQ section of this website.
Return of Unearned Premium:
FIGA will pay unearned premium claims after the Receiver completes its processing of the policy records and sends the unearned premium records to FIGA. FIGA expects to issue payments of unearned premiums within 45 to 60 days from the liquidation date.
Policyholders with questions regarding Lighthouse should visit the company’s website for FAQ’s at Property Insurance, Casualty & Home Insurance | Lighthouse or contact FIGA directly at (800)988-1450.
For questions regarding the receivership, consumers are asked to to visit the company’s website at Property Insurance, Casualty & Home Insurance | Lighthouse or contact the company directly at (888)544-4885.