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At the height of hurricane season, Congressional candidate Devin Davis announces a plan to combat Louisiana’s home-insurance crisis. U.S. Rep. Troy Carter says he’s focused on a more apt federal concern: FEMA’s flood-hazard ratings.
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Under a new state law, residents will no longer be protected from homeowners’ policy cancellations, higher deductibles or big rate increases.
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Change is coming to the Louisiana Department of Insurance as the state grapples with a deepening homeowners insurance crisis in the wake of fierce and frequent storms.
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The district's premium is up another $4.3 million, an increase of more than half, to $12.2 million for the fiscal year, which starts in July. Board members approved the new policy Thursday evening.
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After long-awaited updates to Louisiana’s building code, the Department of Energy announced Wednesday that the state will receive more than $1.6 million to implement them and build more energy-efficient houses that will be more equipped to survive hurricanes.
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Louisianans are fed up with insurance companies, speaking of their frustrations caused by slow-moving processes, struggles to contact providers and too-small insurance payouts after two years of severe storms.
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After the storm hit in 2005, the insurance company ordered claims adjusters to misclassify wind damage as flood damage to shift liability to the U.S. government and spare State Farm's coffers.
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A coalition of local non-profits are trying to help educate business owners on emergency preparedness. A recent city survey asked local business owners…
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President Barack Obama has signed a new law that will give hundreds of thousands of homeowners living in flood-prone areas relief from big jumps in…