The Louisiana House Committee on Insurance considered numerous insurance reform bills this week designed to help homeowners struggling with the state’s insurance crisis.
(The Center Square) — The Louisiana House Committee on Insurance considered numerous insurance reform bills this week designed to help homeowners struggling with the state’s insurance crisis.
With property insurance underwriters fleeing Louisiana, U.S. Rep. Clay Higgins has filed legislation that would offer generous tax breaks to insurance companies as a means of enticing them to remain in the state. Some question whether the tactic will be effective and if it’s politically motivated.