Page 4 - Tim Temple News Today

Louisianans across the state are being forced to decide whether to buy insurance policy from small businesses that may fail during the next big storm or buy from Louisiana Citizens, a state-backed insurer that offers costlier premiums.

Louisiana voters so far approve of Jeff Landrys leadership as the states newest governor. See the data.

Louisiana voters so far approve of Jeff Landrys leadership as the states newest governor. See the data.

BATON ROUGE — The Louisiana House approved a bill this week to phase out a rule that a home insurer cannot cancel a customer’s policy for three years except for

Several bills are part of a push by the new insurance commissioner, Tim Temple, and Gov. Jeff Landry to reduce regulations on insurers to try to attract more of them to the state.

Lawmakers voted to repeal a Hurricane Katrina-era law that locked insurance companies into policies after three years.

Property insurers in storm-swept Louisiana could soon gain much more flexibility over policy cancellations if the governor signs House Bill 611 into law,

Louisiana Insurance Commissioner Tim Temple has expressed gratitude to the state Legislature for passing a package of insurance reform bills he said would make the state’s insurance market more stable and competitive.

In a decisive move, the Louisiana Legislature repealed a longstanding law. The decision aims to introduce more competition in the insurance market

Plan to deal with issues moving forward, insurance commissioner says