Louisiana special session News

Louisiana Lawmakers Approve $45M in Funding to Draw Insurers to State

BATON ROUGE, La. (AP) – A $45 million funding bill to address soaring homeowner insurance rates in hurricane-battered Louisiana was overwhelmingly approved by Louisiana lawmakers Friday and sent to Gov. John Bel Edwards for his signature. The Senate approved the …

AM Best: Louisiana Insurance Incentive Program a “Short-Term Stopgap”

As Louisiana lawmakers adjourn Monday for a special session to address the state’s property insurance crisis, a commentary from AM Best says Louisiana’s plan to appropriate $45 million in funds to incentivize insurance companies to take on more property risk …

Louisiana Governor Orders Special Session to Address Insurance Incentive Fund

Louisiana Gov. John Bel Edwards called for a special session Sunday to address appropriate funds to the Insure Louisiana Incentive Fund, a fund created by lawmakers last year to attract more insurance companies to the state. Edwards said the special …

Louisiana Lawmakers Considering Special Session to Address Insurance Crisis

BATON ROUGE, La. (AP) – As Louisiana continues to be plagued by insurance woes, with insurers leaving or going out of business in the hurricane-stricken state, some lawmakers say a special legislative session to address the crisis is imminent. Discussions …