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Louisiana House advances home insurance bills aimed at increasing competition, lowering rates

Insurance crisis: Industry-backed bills to end 3-year rule near final approval

Two bills to repeal a consumer protection law in Louisiana that stops insurance companies from canceling homeowner policies without good reason are nearing final approval in the Legislature. Senate Bill 370, sponsored by Sen. Adam Bass, R-Bossier City, cleared the House Insurance Committee on Wednesday, while its lower chamber counterpart, House Bill 611, sponsored by […] The post Insurance crisis: Industry-backed bills to end 3-year rule near final approval appeared first on Louisiana Illuminat

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