The Legislature should have oversight of Gov. Kathleen Blanco’s plan to offer $100 million in taxpayer money to insurance companies that agree to write homeowners policies in coastal Louisiana, a Senate committee voted June 22. The Senate Finance Committee amended …
Industry prefers government approach taken by Democrat Blanco over Republican Crist Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to fixing the insurance headaches. Florida Gov. Charlie Crist, a …
Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to fixing the insurance headaches. Florida Gov. Charlie Crist, a Republican, has led that state’s push to increase government regulation of …
The Louisiana Insurance Rating Commission will hold its regular monthly meeting on June 19 and if a bill to abolish the board passes the legislature, the June meeting may begin the countdown to its last one. The panel moved closer …
Florida and Louisiana are hurricane-prone states with similar property insurance problems, but their governors are taking wildly different approaches to fixing the insurance headaches. Florida Gov. Charlie Crist, a Republican, has led that state’s push to increase government regulation of …
Louisiana’s commission of insurance regulators should be abolished, replaced by a new consumer advocate in the state insurance department, the House voted June 4. Gov. Kathleen Blanco is backing the proposal, also supported by the insurance industry, to abolish the …
Homeowners in Louisiana parishes hardest hit by hurricanes deserve a break from the artificially inflated property insurance rates charged by the state-backed insurance company, the House voted June 4. The bill by Rep. Jean-Paul Morrell seeks to ease the burden …
The Louisiana House of Representatives Insurance Committee approved a plan meant to lower homeowners rates charged by Louisiana’s state-backed insurer, despite warnings that it will backfire and exacerbate the state’s property insurance problems. Legislation to allow the Citizens Property Insurance …
Louisiana should abolish the commission of political appointees that regulates the insurance industry, the state Senate has voted, a move supported by the insurance industry. Senators voted 30-6 to approve a bill by Sen. Julie Quinn that would do away …
With Louisiana’s hurricane recovery stymied in part by skyrocketing property insurance rates, Gov. Kathleen Blanco has a plan to ease the problem: Offer insurance companies $100 million in incentives. But in an election year, Blanco might struggle to persuade Louisiana …
