In 2001 there were 4.7 million ordinary life insurance policies in force with a total value of $145.9 billion; total value for all categories of life insurance (ordinary, group, industrial, and credit) was $186.5 billion. Death benefits paid that year totaled $223.1 million.
There were 65 life and health and 35 property and casualty insurance companies domiciled in the state at the end of 2000. In 2001, property and casualty insurers wrote premiums totaling $5.6 billion. That year, there were 363,469 flood insurance policies in force in the state, with a total value of $43.2 million.
The Department of Insurance administers Louisiana's laws governing the industry.