“I am grateful to Senate President Page Cortez, House Speaker Clay Schexnayder, and the entire legislature for their willingness to come in for this brief special session. This appropriation into the Insure Louisiana Incentive Fund will only partially address the current crisis by bringing more insurers into our market, limiting premium increases by fostering competition, and reducing the number of Citizens policies and the attendant risks of statewide assessments to address the impact of future catastrophic weather events.”
Original source can be found here.