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2010 rebates for Citizens assessment end soon

2 years 4 days 12 hours ago December 04, 2014 Dec 4, 2014 Thursday, December 04 2014 December 04, 2014 1:33 PM in News
Source: Associated Press

BATON ROUGE- Louisiana taxpayers are leaving tens of millions of property insurance rebates unclaimed again this year.

Insurance Commissioner Jim Donelon said Thursday more than $50 million in rebates remains unclaimed for the Louisiana Citizens Property Insurance Corp.'s 2010 assessment. The deadline to claim a rebate for that assessment is Dec. 31.

All property insurance policyholders - whether they are insured by Citizens or not - pay the Citizens assessment each year.

Policyholders can claim rebates for assessments charged in years 2010 through 2014.

To date, 61 percent or $269 million of the funds assessed during those years remains unclaimed.

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