Legislation Could Make ‘All the Difference’ in Louisiana’s Insurance Marketplace

Monday, July 2nd, 2007 Legislation & Regulation Risk Management

In one of the first moves of its kind, the Louisiana Legislature has adopted legislation to lure more insurance companies to hurricane-prone areas by offering financial incentives. In the final minutes of the 2007 session, lawmakers passed, as part of a package of bills, a compromise version of a $100 million grant program to attract insurers to the state.

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http://www.namic.org/newsreleases07/070629nr1.asp

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