Since a series of punishing hurricanes battered Louisiana’s coast and upended the state’s insurance marketplace, officials have tried to right the ship by enticing companies to write policies here with millions in incentive payments.
Tag: Louisiana insurance market
Insurance Meltdown Leaves Homeowners without Policies and at Risk
After meteorologists predicted another active Atlantic hurricane season this year, insurance companies closed their doors in Louisiana and Florida, leaving thousands of homeowners in those storm-prone states without coverage. Storms have already taken their toll on the insurance market in Louisiana, making it a “tough place to do business,” according to Jeff Albright, president of… Continue reading Insurance Meltdown Leaves Homeowners without Policies and at Risk