Insurance crisis: Industry-backed bills to end Louisiana’s 3-year rule near final approval

Louisiana Insurance Commissioner Tim Temple. (Photo credit: Greg LaRose/Louisiana Illuminator)Two bills to repeal a consumer protection law in Louisiana that stops insurance companies from canceling homeowner policies without good reason are nearing final approval in the Legislature. Senate Bill 370, sponsored by Sen. Adam Bass, R-Bossier City, cleared the House Insurance Committee…