Two Louisiana Insurers Collapse in the Aftermath of Hurricane Ida

A hurricane on earth viewed from space. This is a rendered image.

Insurance companies in Louisiana will be charged at least $100 million to pay the claims of two failed property insurers that failed in the aftermath of Hurricane Ida. However, the cost of dealing with insolvent insurers will eventually fall on the state after companies recoup the funds through a series of tax credits. The board… Continue reading Two Louisiana Insurers Collapse in the Aftermath of Hurricane Ida