Louisiana’s property insurer of last resort received approval from state officials to bump up its bank line of credit, giving the company more resources to cover claim costs if the state is hit with a significant storm. The State Bond …
As the peak of hurricane season approaches, the governing board for Louisiana’s property insurer of last resort agreed to boost its bank line of credit, to give the company enough money to cover costs in case of a storm. The …
Louisiana’s property insurer of last resort has gotten permission to secure a $75 million cash line of credit in case a hurricane damages the state. The Louisiana Citizens Property Insurance Corp. has enough money set aside to cover a $110 …
