Louisiana officials are looking to insurers to help them bringLouisiana residents displaced by Hurricane Katrina back to theirhomes.
The program, known as the Road Home, is designed to lureresidents back to Louisiana by compensating those eligible up to$150,000 for their hurricane related losses. Any insurance paymentsmade to these homeowners, however, would be subtracted from the$150,000, with the exception of contents coverage.
The payment reduction is in accordance with federal regulations,as the program is federally funded by the Department of Housing andUrban Development.
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