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re: Louisiana Legislature repeals law blocking homeowner’s insurance cancellations

Posted on 5/1/24 at 3:49 pm to
Posted by Chad504boy
4 posts
Member since Feb 2005
166706 posts
Posted on 5/1/24 at 3:49 pm to
quote:

The reasoning behind this bill is meant to help people by attracting new insurance companies to the state.



its bullshite.

companies will be cancelling the frick out of books of business. nothing about this helps or will draw competing carriers.
Posted by Lee Chatelain
I love the OT!
Member since Oct 2008
11350 posts
Posted on 5/1/24 at 3:59 pm to
quote:

its bullshite.


Nah, it's not. Companies tend to do more in a state where there are less restrictions.

quote:

companies will be cancelling the frick out of books of business. nothing about this helps or will draw competing carriers.


Both of those comments are assumptions.

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