House lawmakers advances two bills to address insurance crisis
Louisiana's insurance crisis could force thousands out of their homes if the legislature fails to act, Insurance Commissioner Jim Donelon said.
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Louisiana's insurance crisis could force thousands out of their homes if the legislature fails to act, Insurance Commissioner Jim Donelon said.
BATON ROUGE, La. (AP/KADN) — As Louisiana lawmakers continue to discuss a proposed bill that would allocate $45 million to an incentive program designed to entice more insurers to the
Thousands could lose their homes if legislature doesn’t act, commissioner says.
After three hours of debate Tuesday, Louisiana lawmakers advanced legislation to devote $45 million to the Insure Louisiana Incentive Program, the bill that serves as the centerpiece for the legislature’s one-week special session to address the state’s property insurance crisis.
State Insurance Commissioner Jim Donelon is urging legislators to consider the $45 million incentive fund in next week's special session.