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What’s behind skyrocketing home insurance premiums in Louisiana?
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07/27/23
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Investing
In the wake of several hurricanes going back to 2020, more than a dozen insurance providers doing business in Louisiana became financially insolvent. Others pulled out of the state due to the number of claims and payouts. To help attract and retain insurance providers, state lawmakers approved a $45-million incentive package. Thanh Truong, WWL Multi-Media Journalist, joins Newell to talk about his latest podcast that covers what's behind the skyrocketing home insurance premiums in Louisiana.
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