The Louisiana Legislature has adopted legislation to lure more insurance companies to hurricane-prone areas by offering financial incentives.

In the final minutes of the 2007 session, lawmakers passed, as part of a package of bills, a compromise version of a $100 million grant program to attract insurers to the state.

The package of bills, endorsed by Gov. Kathleen Blanco and Insurance Commissioner Jim Donelon, addresses the availability and affordability of private insurance following the 2005 hurricane season.

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