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Ask Jim DonelonYour Commissioner of InsuranceQ: I recently heard about the Citizens special assessment refund on the news.Are there any other insurance-related rebates or refunds I should know about?A: I’m so glad you asked. The Department of Insurance is trying to get the word outabout two important tax savings for the upcoming tax season. These are the LouisianaCitizens Tax Rebate and Federal Hurricane Tax Deduction.Property owners are eligible for a state tax rebate if you were charged the LouisianaCitizens assessment on your 2008 homeowners policy. Almost $21 million or 33 percentof available money went unclaimed in 2007. If you have not yet submitted your rebate for2007, it is not too late to do so. Please submit an amended tax form, along with the declarations page of your policy,to recoup the full amount paid in Citizens assessments.Homeowners impacted by Hurricanes Gustav or Ike can claim damages that exceeded $100 with FederalHurricane Tax Deduction on their 2008 taxes. This will help those who faced property losses, especially unexpectedhurricane deductibles. Previously, hurricane casualty losses were limited to 10 percent of adjusted gross income.Now, qualifying disaster losses are not subject to that limit. This addition to the national rescue package is one we inLouisiana know will lift the burden of everyone facing storm related expenses.Remember to claim your 2008 Citizens State Tax Rebate and Federal Hurricane Tax Deduction when filing yourtaxes. For more information, call us here at the Department at 1-800-259-5300, or refer to the IRS publication 547for details on the Federal Hurricane Tax Deduction.Anyone with insurance-related questions or concerns is invited to contact the Louisiana Department of Insuranceat 1-800-259-5300 or 225-342-0895 in Baton Rouge or write Department of Insurance, P.O. Box 94214, BatonRouge, LA 70804-9214. Our internet address is www.ldi.state.la.us.I Switched To LAMMICO“When I first started my dental practice,my malpractice insurance was through anationally known carrier. But it was difficultgetting through to someone to help me whenI needed them.Then I discovered LAMMICO, a localcompany that understands the needs of itsdentists. When I have a question, I know Ican rely on LAMMICO representatives tofind the answer right away.Now I can concentrate on what’s mostimportant to me—my patients. I’m glad Imade the switch to LAMMICO.”Building Enduring Partnerships800/452.2120 | 504/831.3756www.lammico.comJoseph P. Simone, II, D.D.S.General Dentistry, MetairiePolicyholder since 2007CONSENT TO SETTLE | POLICYHOLDER ADVOCACY | FINANCIALLY SECURE COMPANYRISK MANAGEMENT | PERSONALIZED CLAIMS HANDLING | AGGRESSIVE LEGAL DEFENSESpring 2009 11