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

Posted on 5/1/24 at 7:14 pm to
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7728 posts
Posted on 5/1/24 at 7:14 pm to
quote:

That's the argument for getting rid of the 3 year rule. Now time will tell if it actually produces any results on attracting new insurance companies to start writing here.


That is the part they don’t tell you about.

It is just like tort reform to help ease the car insurance market.

I was written by a bunch of ambulance chasing attorneys?who specialize in those cases.

One of the last decent politicians I talked to who served in the legislature many moons ago, he owned a movie theater. His personal preference even if the rules did not forbid it, he would routinely abstain from voting on bills that involved movie theaters because he thought it was a conflict of interest.

Just think if attorneys did the same for legal matters.
Posted by Chad504boy
4 posts
Member since Feb 2005
167020 posts
Posted on 5/1/24 at 8:12 pm to
quote:

It is just like tort reform to help ease the car insurance market.


The comparison to tort reform does not hold water at all. Not the same.
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