The Office of Financial Solvency examines and monitors the financial condition of all insurance companies licensed in Louisiana, and examines and monitors market conduct activities of all insurers doing business in Louisiana to assure fairness to policyholders.

Caroline Brock, Deputy Commissioner of Financial Solvency
(225) 342-1631
cbrock@ldi.la.gov

Richard Piazza, Chief Actuary
(225) 342-4689
rpiazza@ldi.la.gov

Stewart Guerin, Chief Examiner
(225) 219-3929
sguerin@ldi.la.gov

Craig Gardner, Chief Examiner
(225) 342-8391
cgardner@ldi.la.gov

 

Actuarial Division

The Actuarial Division is composed of two units: the Life and Health Actuarial Unit and the Property and Casualty Actuarial Unit.

The Life and Health Actuarial Unit provides actuarial expertise in the determination of the adequacy of the reserve liabilities established by life and health insurers and health maintenance organizations.

The Property and Casualty Actuarial Unit provides similar actuarial and reinsurance expertise to the examination and analysis of property and casualty insurers, title insurers, vehicle mechanical breakdown companies and self-insurance funds.

Rodney Friedy, Director of Life and Health Services and Reinsurance
(225) 342-4656
rfriedy@ldi.la.gov

Wei Chuang, Director of Property & Casualty Actuarial Services
(225) 342-4657
wchuang@ldi.la.gov

Financial Examination & Analysis Division

The Financial Examinations Unit performs on-site examinations, at least once every five years as required by statute, of the financial, corporate and marketing practices of Louisiana domiciled insurers under the provisions and requirements of the Louisiana Insurance Code. Examinations may entail a review of all operations of insurers and their related transactions with affiliates, or be confined to limited or targeted areas relating to the insurers' activities.

Cindy Riviere, Assistant Chief Examiner - Financial Examinations
(225) 342-9171
criviere@ldi.la.gov

Melissa Gibson, Financial Examinations Manager
(225) 342-9188
mgibson@ldi.la.gov

The Financial Analysis Unit analyzes the periodic financial statements and other required filings of licensed insurers. The activities of the analysts are important in the early detection of financially troubled insurers. During the course of the year, the analyst will review consumer complaint data, financial statements, holding company registration statements, affiliated transactions, investments and other items. In addition, this unit performs financial reviews of insurance company acquisition transactions and insurance company licensing applications and mergers.

William Werner, Assistant Chief Examiner - Financial Analysis
(225) 219-1818
bwerner@ldi.la.gov

Leslie Monson, Financial Analysis Manager
(225) 219-0750
lmonson@ldi.la.gov

Division of Market Conduct

The Market Conduct Division monitors the sale, marketing, underwriting, policy issuance and claims administration activities of insurance companies and producers; determines whether the acts and/or pratices of insurance companies are unfair and/or deceptive to policyholders and/or beneficiaries; and determines if the practices are in violation of Louisiana insurance laws or regulations.

In addition to halting any illegal, unfair or deceptive practices, the Market Conduct Division also seeks sanctions or penalties against insurers and agents for these practices.

Larry Hawkins, Director of Market Conduct Division
(225) 342-9173
lhawkins@ldi.la.gov

 

Surplus Lines/Insurance Premium Tax Division

Surplus Lines/Insurance Premium Tax Division collects insurance premium taxes and associated fines and penalties from Louisiana insurers, as well as surplus line taxes, fines and penalties from licensed surplus lines brokers.

Tommy Coco, Director of Surplus Lines/Premium Tax Division
(225) 342-1012
tcoco@ldi.la.gov

Please direct all questions to taxdivision@ldi.la.gov