January 22, 2025
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Insurance has been an increasingly salient issue among politicians in the state. -
The company’s policy count has been declining rapidly in recent months.
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The broker has analyzed the differences in wildfire risk between Northern and Southern California.
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The medical care index increased 3.5% over the past 12 months.
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The bill would also mandate guaranteed replacement cost coverage.
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The state is drought-ridden, hail threatened and potentially making major changes this year as a result.
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Inflation was down from the 3% recorded for the 12 months ending in September.
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The National Council of Insurance Legislators said insurance oversight should be left to states.
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Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.
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The commissioner said more work needs to be done, but big companies are interested in coming back.
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The proposal says oil companies cause climate change and, thus, increased cat losses.
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The legal setback came as publication of a Fema reform report was postponed.
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