Louisiana Plays a ‘Wait-and-See Game’ After Approving a Slate of Bills to Lower Insurance Rates
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Louisiana plays a ‘wait-and-see game’ after approving a slate of bills to lower insurance rates
KEY TAKEAWAYS: Lawmakers passed sweeping insurance reforms focused on rates and accountability. Gov. Landry vetoed a key tort reform bill, angering Republican allies. HB148 gives the insurance commissioner more authority to block rate hikes. Fortified roof grants and tax credits aim to lower homeowner premiums. The Louisiana Legislature wrapped up its 2025 regular session Thursday having passed an agenda to try to lower insurance rates wit…
Lawmakers pass sweeping insurance changes—but will lower rates follow?
Louisiana lawmakers ended the 2025 legislative session with a flurry of insurance reforms aimed at addressing the state’s sky-high coverage rates—but not without some conflict, Louisiana Illuminator reports. While Gov. Jeff Landry touted a “balanced approach” targeting both insurers and trial lawyers, his surprise veto of a tort reform bill backed by fellow Republican Sen. Alan Seabaugh sparked intraparty tensions. Seabaugh’s bill would have we…
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