NU Online News Service, Nov. 23, 3:47 p.m. EST

The most recent round of policy assumptions from Louisiana's last-resort insurer could mean the state-run entity has slipped to the fifth or sixth largest homeowners insurer in the state.

According to the Louisiana Department of Insurance (LDI), a fourth round of policies was removed from Citizens in an effort to reduce its exposure and ultimately reduce the chance for assessments on the private market in the event of a catastrophe.

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