Lawmakers call insurance incentive fund a 'gamble,' but advance funding anyway
Lawmakers advanced a bill to transfer $45 million to an insurance incentive fund, but expressed doubts about the program
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Lawmakers advanced a bill to transfer $45 million to an insurance incentive fund, but expressed doubts about the program
The Louisiana House of Representatives gave final passage Wednesday to a bill to transfer millions of dollars to an incentive fund to lure new property insurers to the state, but some lawmakers are saying it’s a risky move.
Louisiana's insurance crisis could force thousands out of their homes if the legislature fails to act, Insurance Commissioner Jim Donelon said.
Thousands could lose their homes if legislature doesn’t act, commissioner says.
Louisiana lawmakers introduced a bill to address the insurance crisis that would fund an incentive program to lure insurers to the state