More Reforms Needed to Stem Legal System Abuse in Louisiana Insurance Market; Households Pay Significantly More for Coverages in Bayou State Compared to Other States: Triple-I
January 23, 2025
January 23, 2025
NEW YORK, Jan. 23 -- The Insurance Information Institute issued the following news release:
MALVERN, Pa., Jan. 22, 2025 - Legislative reforms made in 2024 are a positive first step toward repairing Louisiana's insurance market, which has long suffered from excess claims litigation and attorney involvement that drives up costs and, ultimately, premium rates. But more work is needed by state lawmakers, according to the new report Trends and Insights: Louisiana Insurance Market pu . . .
MALVERN, Pa., Jan. 22, 2025 - Legislative reforms made in 2024 are a positive first step toward repairing Louisiana's insurance market, which has long suffered from excess claims litigation and attorney involvement that drives up costs and, ultimately, premium rates. But more work is needed by state lawmakers, according to the new report Trends and Insights: Louisiana Insurance Market pu . . .