Louisiana Gets Flex Rating Next Year
NU Online News Service, June 16, 1:22 p.m. EDT?Louisiana next year will see new legislation take effect permitting property insurers to make instant rate changes of up to 10 percent without prior regulatory approval
The way was cleared for the change last week when Louisiana Gov. Mike Foster announced that, based on promises from insurers, he would allow the legislation to take effect without his signature despite "serious reservations."
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