Town Hall: Commissioner Jim Donelon takes questions about Louisiana's insurance crisis
Mar. 10—Louisiana's property insurance market is floundering under the weight of successive disasters.
Nearly two dozen insurers, swamped by claims, have either gone belly up or left the state since a series of hurricanes hit the state in 2020. As a result, premiums have skyrocketed, and thousands of property owners have been forced to turn to state's insurer of last resort, which is costlier than the private market by design.
As a fix, State Insurance Commissioner
Donelon, who is up for re-election this year, will join The Times-Picayune — The Advocate on
Editorial Page Director and
Readers may submit questions for Donelon by using this form.
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