Veil Closer To Removal As Homeowner Insurance Bill Moves To La. Senate
Targeted News Service |
Conventional wisdom holds that
Data from nearby states reveals homeowner insurance claims in so-called high risk areas (flood and storm zones, for example) are often less than claims made by others. So, Rep.
Leopold said the bill will simply remove the veil from losses and premiums.
"The idea is to provide important information to consumers to help them understand their property insurance premiums and to help determine if a proposed premium is in line," Leopold said, "My bill will require the commissioner of insurance to collect all the data on losses and premiums and post it annually on the
After unanimous passage in the House, Leopold's HB 909 moves to the
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