2010 Rebates For Citizens Assessment End Soon

BATON ROUGE (AP) — 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.

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         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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