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Louisiana regulators continue allowing weak insurers to take on risky policies

Por: The Advocate Business December 31, 2022

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After four insurers failed in late 2021, Insurance Commissioner Jim Donelon put the fate of thousands of Louisiana homeowners in the hands of little-known Safepoint Insurance Co.The Florida-based firm took on after three companies abruptly collapsed. Three months later, Safepoint .“Policyholders can start the new year knowing that their homes are protected by a viable insurance company,” Donelon said at the time, congratulating himself for... + full article



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