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Bill giving insurers drop option awaits governor’s signature

A property insurance reform bill waiting for the governor’s signature would end the three-year rule. Louisiana is the only state that prohibits an insurer from canceling three...

Washington ranked 10th in 2023 with most homes at risk from wildfires

WASHINGTON — May 4 is Wildfire Community Preparedness Day. Even in Washington, those on the frontlines of wildfires said they are now prepared year-round."We're seeing fires in areas that we don't anticipate. We are seeing fires a time of the year that...

Louisiana Legislature gets rid of state’s ‘3-year rule’ for homeowner’s insurance cancellations

BATON ROUGE — The Louisiana Legislature repealed a decades-old law Monday that prevents homeowner insurance policy cancellations. House Bill 611, sponsored by Rep. Gabe Firment, R-Pollock, received final passage in the Legislature and is now headed to the desk of Gov. Jeff Landry, who...

As Home Insurance Costs Soar, Owners Are Raising Deductibles

Home insurance customers are raising their deductibles to upwards of $5,000 or even $10,000 to offset rising premiums, according...

Here’s the latest on insurance package

BATON ROUGE--The Louisiana House approved a bill this week to phase out a rule that a home insurer cannot cancel a customer’s policy for three years except for lack of payment or fraud, sending it to Gov. Jeff Landry for his signature.The bill...