Commissioner: Louisiana insurance market showing signs of stability - American Press

Commissioner: Louisiana insurance market showing signs of stability - American Press

Louisiana Insurance Commissioner Tim Temple said he is seeing signs of improvement in the state’s challenging insurance market, citing growing competition, fewer costly rate filings and some actual rate decreases. He attributes these positive trends to legislative reforms designed to attract carriers and stabilize the market after years of crisis. “Insurance is arguably everyone’s least favorite subject,” Temple said with a laugh during Friday m…