Louisiana’s insurance commissioner is reminding taxpayers to claim the Louisiana Citizens Property Insurance Assessment rebate this tax season.
Commissioner Jim Donelon says nearly two-thirds of available Citizens rebate funds — nearly $240 million — went unclaimed at the end of 2013.
Donelon says whether a resident has property insurance through Citizens or another provider, that resident is entitled to the rebate once the individual paid the assessment on a property insurance bill.
Donelon says the allotted time to claim funds for 2006 through 2009 has expired and nearly $256 million or 54 percent of those assessment funds went unclaimed.
The option to claim the 2010 assessment will expire Dec. 31.