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Louisiana Citizens wants 63% rate increase for homeowners' policies amid failures

Por: The Advocate Business September 17, 2022

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Louisiana Citizens Insurance Corp., the state’s insurer of last resort, wants to raise its already-high prices by more than half, following a dramatic increase in demand for coverage after and nearly a dozen others exited the state.The organization has asked the Louisiana Department of Insurance for a 63% rate increase for personal property coverage, which would hit its more than 102,000 homeowners policies, records show. If approved, the rate... + full article



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