Louisiana Gets Flex Rating Next Year
NU Online News Service, June 16, 1:22 p.m.EDT?Louisiana next year will see new legislation takeeffect permitting property insurers to make instant rate changes ofup 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, hewould allow the legislation to take effect without his signaturedespite "serious reservations."
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