With the latest round of "take-outs," Louisiana's last-resort insurer has reduced its policy count 43 percent since it reached an all-time high in early 2008.
Insurance Commissioner Jim Donelon says four insurers have been approved to take another 6,877 residential policies off the books of Louisiana Citizens Property Insurance Corp.
Donelon says the last-resort insurer has dropped to eighth in market share among the state's Homeowners' insurers, with 3.8 percent.
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