Louisiana property insurance reforms aim to reduce insolvencies, boost claims response – InsuranceNewsNet

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A package of reforms passed by the state Legislature should help property insurers in Louisiana to stay afloat during future hurricane seasons and provide greater peace of mind to policyholders, the state’s insurance commissioner said. Commissioner Jim Donelon said the Catastrophe Reform Package of 2022 will strengthen the health of the property insurance market in the wake of…

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