Louisiana Tackles Homeowners 'Crisis'If you are looking to purchase homeownersinsurance, Louisiana is probably one of the last places you wouldwant to be.

At $714, the Bayou State's average homeowners premium is thesecond-highest in the country behind Texas, and nearly 50 percenthigher than the national average of $487, according to figures fromthe National Association of Insurance Commissioners. Further,carriers have also been leaving the state in droves, with thenumber of companies actively writing homeowners insurance in thestate dwindling to below 20 from more than 100 during the pastdecade.

But there are efforts now under way to turn the tide, with newlegislation in the works and local business groups joining forcesto lobby state lawmakers.

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