“Along with several legislative proposals we will introduce to strengthen the market during Regular Session, these insurers will demonstrate to the wider industry that Louisiana is a viable destination to do business on a go-forward basis.”
House Insurance Committee Chairman, Mike Huval, has agreed to file a bill during the upcoming regular session that will appropriate additional funding for the program to help meet the full amount each company has requested and is eligible to receive.
Mending state-wide woes
The turnout is likely to be seen as a positive sign, with property owners experiencing some of the highest premiums in