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Donelon backs insurance reform legislation, critics say property owners will suffer
NEW ORLEANS (WVUE) – Louisiana Insurance policies Commissioner Jim Donelon on Tuesday (April 4) unveiled a package of proposed new regulations he would like the legislature to approve during the approaching legislative session. “We are presently in the midst of an coverage crisis,” Donelon mentioned. He believes passing new regulations will assistance attract a lot more insurers to Louisiana’s home insurance coverage marketplace. “We have to have insurance policy providers to come back again to Louisiana and this is the best way to get it finished,” Donelon claimed. “While we are not copying what Florida did legislatively, we are having the guide in an exertion to introduce numerous authorized and…


